1 / 1 Relevant items tagged with #AlexMashinsky

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Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings

[Aug 27 10:00 AM] Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator. 

Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest

[Feb 21 11:30 PM] Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in…

Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing

[Feb 21 2:28 PM] Sam Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.

Bankruptcy Judge Greenlights Celsius Shift to Bitcoin Mining

[Dec 30, 2023 8:00 AM] The now-defunct crypto lender Celsius has received authorization to pivot to bitcoin mining, following approval from U.S. District Judge Martin Glenn of Manhattan for the firm’s revised strategy. This move comes after the company’s…

Alex Mashinsky's jury trial scheduled for September 2024

[Oct 3, 2023 11:29 AM] According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings.

Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan

[Sep 26, 2023 12:26 AM] Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.

Celsius creditors vote in favor of reorganization plan

[Sep 25, 2023 6:14 PM] The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.

Former Celsius Boss Alex Mashinsky Seeks Dismissal of FTC Lawsuit

[Sep 12, 2023 11:30 PM] Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the…

Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case

[Sep 12, 2023 12:15 AM] Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators

Celsius Network files 'adversary complaint' against EquitiesFirst

[Sep 6, 2023 7:45 PM] Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.

Alex Mashinsky's assets frozen by US court as part of criminal case

[Sep 6, 2023 9:16 AM] The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.

Ex-Celsius CEO Mashinsky's Assets Ordered Frozen by Court as DOJ Case Continues

[Sep 6, 2023 8:40 AM] Corporate bank accounts and a Texas property are now untouchable after the executive’s July arrest

Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more

[Aug 6, 2023 10:56 PM] The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.

Mashinsky's Arrest, Ripple Ruling, Etc.

[Jul 25, 2023 5:00 PM] I was on vacation for the last week-and-a-half but before I left, I sent a list of things to watch for to my colleagues that in hindsight, was wholly inadequate. Anyway, here's my effort to catch up.

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius's Former CEO, Attorneys Tell Judge

[Jul 25, 2023 10:37 AM] The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.

Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale

[Jul 17, 2023 10:13 PM] Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.

Alex Mashinsky's Bail Set at $40M, Travel Restricted

[Jul 14, 2023 12:02 AM] The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.

Alex Mashinsky Built Celsius Into a House of Cards

[Jul 13, 2023 12:29 PM]

Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens

[Jul 12, 2023 12:07 AM] StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back

CFTC Investigators Conclude Celsius And Former CEO Violated Rules, Potential Case Looms

[Jul 6, 2023 10:30 AM] The Commodity Futures Trading Commission (CFTC) has concluded its investigation into bankrupt crypto lender Celsius and its former CEO, Alex Mashinsky, and found that they violated United States rules, according to sources familiar with the…

Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg

[Jul 6, 2023 12:07 AM] CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.

CFTC investigators conclude ex-Celsius CEO Mashinsky broke US rules: Report

[Jul 5, 2023 6:27 PM] If the majority of CFTC commissioners agree with that conclusion, the regulator could file a case in federal court.

Celsius creditors allege Wintermute facilitated 'wash trading': Report

[Jun 23, 2023 8:12 PM] It was alleged that Celsius executives purportedly involved Wintermute to facilitate "wash trading" in an effort to “fraudulently" manipulate trading volumes on the Celsius platform.

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

[May 3, 2023 6:00 AM] Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.

Celcius reportedly prepping litigation against creditor for leaking internal info

[Apr 14, 2023 8:21 PM] Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

[Jan 25, 2023 4:30 PM] The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called…

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

[Jan 5, 2023 1:30 PM] On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of…

10 crypto tweets that aged like milk: 2022 edition

[Dec 30, 2022 11:45 AM] Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter.

Celsius had 'insufficient' accounting and operational controls, says examiner

[Nov 20, 2022 9:56 PM] The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.