Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply

Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers. дальше »

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Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy

A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's intercompany claim, court filings show. дальше »

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Interview: What is the future of DeFi? Umee founder Brent Xu

It’s been a rough year or so for crypto. This includes the area of decentralised finance, where total value locked (TVL) has collapsed amid the bear market.   While the bulk of the scandals – Celsius, FTX etc – have originated within CeFi, DeFi has still come under scrutiny and faced challenges of its own. дальше »

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Judge Clears Celsius' Plan to Sell Bitmain Mining Coupons Worth Over $7M

The crypto lender must sell the vouchers before they expire, to raise funds for the bankruptcy estate дальше »

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Celsius Creditors Sue Mashinsky, Other Executives

Former Celsius executives (and their wives) are now facing a lawsuit from their creditors. Losing More Than $1 Billion in a Year The walls are closing in on Alex Mashinsky.... дальше »

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Celsius потребовал от Алекса Машинского вернуть выведенные с платформы средства

Представители обанкротившегося криптокредитора Celsius обратились в суд, чтобы вернуть миллионы долларов, которые компания считает потерянными из-за некомпетентных действий своего основателя. дальше »

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Суд запретил основателю KeyFi Джейсону Стоуну распоряжаться активами компании

Федеральный суд Южного округа Нью-Йорка запретил генеральному директору KeyFi и связанным с компанией лицам передавать или распоряжаться каким-либо имуществом компании без разрешения суда и уведомления комитета необеспеченных кредиторов Celsius.<br /> <br /> дальше »

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Knives out for Celsius and FTX as Separate Actions Accuse Firms of Hyping Projects

The trouble deepens for FTX Series B Investors and the former team of bankrupt lending protocol Celsius as they fight more legal battles. The post Knives out for Celsius and FTX as Separate Actions Accuse Firms of Hyping Projects appeared first on BeInCrypto. дальше »

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Celsius creditors committee proposes suing Mashinsky, other Celsius execs

The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.” дальше »

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Celsius Attempts to Raise $14.4M From Bitmain Mining Vouchers to Keep Trading

Celsius filed a proposal to liquidate Bitmain Coupons and Credits for $14.4 million amidst the risk of hitting a liquidity wall. The post Celsius Attempts to Raise $14.4M From Bitmain Mining Vouchers to Keep Trading appeared first on BeInCrypto. дальше »

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Celsius’ CEO publisher cancels his ‘Mashinsky Method’ book

Alex Mashinsky’s planned book on financial literacy has been shelved. The publisher is currently working to remove all references from the internet following the Celsius mismanagement causing its filing for bankruptcy in 2022. The former CEO and founder of the… дальше »

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Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors. дальше »

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Основатели Three Arrows Capital запускают платформу для торговли криптовалютными претензиями

Основатели хэдж-фонда Three Arrows Capital &#40;ТAC&#41; в партнерстве с Coinflex запускают платформу для торговли претензиями к обанкротившимся криптовалютным компаниям, таким как Celsius или FTX. дальше »

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Xclaim - a Marketplace for Crypto Bankruptcy Claims

Matthew Sedigh is the CEO at Xclaim, a marketplace for crypto bankruptcy claims. Users who have accounts with stranded assets at FTX, Genesis, Celsius, Voyager or BlockFi can sell the claim on their account to recover some liquidity. дальше »

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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors

“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing. дальше »

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Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate

The United States government and creditors have objected to Celsius’ plan to extend its restructuring plan to June 30, according to February 8 court filings. The post Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate appeared first on CryptoSlate. дальше »

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Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn. дальше »

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Celsius’ Proposed Extension for Restructuring Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn. дальше »

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Celsius Network seeks deadline extension for chapter 11 bankruptcy filing

Celsius Network, a cryptocurrency lending platform, has filed a request to extend its deadline for financial restructuring on filing for chapter 11 bankruptcy. дальше »

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Crypto mining done right – QTUM offline staking

Staking is one of the most fundamental features of the modern crypto ecosystem. Not only does it earn passive income on your investment, it also allows you to participate in protocol governance. Over this past year, we have seen multiple staking platforms like Celsius and BlockFi go bust for various reasons. дальше »

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2022 funding wrap: Epic Games, Citadel and LFG lead good year for crypto startups

Crypto had a difficult 2022 in general, but the startling string of major failures, including Three Arrows Capital (3AC), Voyager, Celsius, FTX, and BlockFi, did not slow down venture capital (VC) activity, as evidenced by data from blockchain fundraising tracker… дальше »

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SBF bail guarantor to go public, UK crypto framework and Celsius news: Hodler’s Digest, Jan. 29 – Feb. 4

Top Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan. дальше »

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Руководство Tether опровергло факт займа денег у Celsius

Tether никогда не получала кредиты от обанкротившегося криптовалютного кредитора Celsius, заявил главный технический директор компании. дальше »

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Some Hope on the Horizon for Victims of Celsius Collapse

Selected Celsius users are bestowed with reassurance as the bankrupt company will allow the withdrawal of 94% of the funds. But what about the remaining users? The post Some Hope on the Horizon for Victims of Celsius Collapse appeared first on BeInCrypto. дальше »

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Celsius allows 94% withdrawal of assets for some customers

Celsius, a defunct cryptocurrency lending platform, will begin processing customer withdrawal requests in the next few days. The firm started the day by disseminating a 1,400-page court document on Twitter. дальше »

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Celsius вернул часть средств клиентам

После новых разоблачений неправомерных действий Celsius Network и его руководства, обанкротившийся криптокредитор заявил, что некоторые клиенты смогут вывести активы. Согласно документам, поданным в суд по делам о банкротстве 31 января, пользователи программы хранения криптоактивов под названием Custody смогут забрать около 94% своих средств. дальше »

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Tiffany Fong flames Celsius, FTX and NY Post: Hall of Flame

Tiffany Fong stumbled into content creation and independent journalism after getting burned on the Celsius bankruptcy, moving forward she has no idea where this will lead. дальше »

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Peter Schiff Knew Celsius Network Was Ponzi, Wonders Why Regulators Did Not

Bitcoin critic said he knew Celsius network was Ponzi scheme all along дальше »

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Криптоплатформа Celsius работала по принципу финансовой пирамиды. О чём идёт речь?

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Tether CTO denies borrowing from bankrupt lender Celsius

Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo, or a “mischaracterization,” Tether’s chief technology officer stated. дальше »

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Bankrupt Crypto Lending Platform Celsius Names Users Eligible to Withdraw Assets

Users named on the list can withdraw 94% of their assets locked on the lending platform provided they can cover the withdrawal fees. дальше »

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Bankrupt Lending Platform Celsius Names Users Eligible to Withdraw Assets

Users named on the list can withdraw 94% of their assets locked on the lending platform provided they can cover the withdrawal fees. дальше »

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Celsius publishes list of those eligible for withdrawals

Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw are those who deposited after the lender filed for bankruptcy. дальше »

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Celsius publishes eligible users’ list for withdrawals

Bankrupt crypto lender Celsius published the name of its users who are eligible to withdraw 94% of their assets from its platform, according to a January 31 court filing. The post Celsius publishes eligible users’ list for withdrawals appeared first on CryptoSlate. дальше »

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Celsius publishes list of users eligible to withdraw majority of assets

Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data. дальше »

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Tether denies borrowing from bankrupt Celsius

Tether’s (USDT) chief technology officer Paolo Ardoino has denied that the stablecoin issuer took a loan from Celsius in a January 31 tweet. The post Tether denies borrowing from bankrupt Celsius appeared first on CryptoSlate. дальше »

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Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius

The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding. дальше »

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Celsius inflated CEL price while former CEO dumped tokens

Investigation into Celsius operation found that customer and investor funds were used to prop up CEL price The report also found that the crypto lending platform was insolvent since its incepThe post Celsius inflated CEL price while former CEO dumped tokens appeared first on AMBCrypto. дальше »

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Celsius dubbed Ponzi scheme in official report 

The court-appointed independent examiner in the bankruptcy case of crypto lender Celsius has filed a final report, confirming the company's operation as a Ponzi scheme. дальше »

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Court Examiner Lambastes Celsius and Mashinksy Over Business Practices

Celsius Network poorly mismanaged its assets and deliberately misled its users, according to a recent report from a court-appointed examiner. The post Court Examiner Lambastes Celsius and Mashinksy Over Business Practices appeared first on BeInCrypto. дальше »

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Celsius Was Operated in a Ponzi-Like Manner: Report

Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi... дальше »

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First Mover Americas: Celsius Network Accused of Running a Ponzi Scheme

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner

Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme дальше »

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FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28

FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban. дальше »

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Binance, Bank to the Future among secret bidders of Celsius assets – Tiffany Fong

Crypto journalist Tiffany Fong has named five crypto firms, including Binance, Bank to the Future, and Galaxy Digital, as secret bidders of bankrupt Celsius Network’s assets. The post Binance, Bank to the Future among secret bidders of Celsius assets – Tiffany Fong appeared first on CryptoSlate. дальше »

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Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets

Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius’ crypto assets. дальше »

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Derivatives Body ISDA Hopes New Digital-Asset Norms Will Prevent FTX-Style Losses

The traditional finance standard-setter has set out new digital asset definitions and is looking into crypto bankruptcies, as companies from Celsius to BlockFi undergo lengthy legal proceedings дальше »

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Derivatives Body ISDA Hopes New Digital Asset Norms Will Avoid FTX-Style Losses

The traditional finance standard-setter has set out new digital asset definitions and is looking into crypto bankruptcies, as companies from Celsius to BlockFi undergo lengthy legal proceedings дальше »

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Chief Judge denies third motion by Celsius clients

In a court order issued today by the United States Bankruptcy Court in the Southern District of New York, a motion filed by a former Celsius Earn Account Holder was denied.  дальше »

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Celsius to Allow Customers to Withdraw Funds Deposited After Bankruptcy

Celsius creditors hope for speedy resolution after judge's new ruling.

The post Celsius to Allow Customers to Withdraw Funds Deposited After Bankruptcy appeared first on BeInCrypto.

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