6 / 7 Relevant items tagged with #Celsius
Posts: 190
Posts
Celsius chooses NovaWulf's bid to exit from bankruptcy
[Feb 15, 2023 6:46 PM] A proposal by Celsius sees most creditors receive a one-time payment of crypto while those with a larger claim would receive equity in a new company.
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
[Feb 14, 2023 10:07 PM] The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
[Feb 11, 2023 5:30 AM] Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing…
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
[Feb 10, 2023 11:30 AM] Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about…
Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
[Feb 9, 2023 1:30 PM] “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.
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
[Feb 8, 2023 3:30 AM] Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its…
Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry
[Feb 1, 2023 3:30 PM] BTC bulls are positioned to win this week’s $1 billion options expiry, but the market's post-FOMC reaction could alter their plans.
Tether CTO denies borrowing from bankrupt lender Celsius
[Feb 1, 2023 5:07 AM] Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.
Celsius publishes list of users eligible to withdraw majority of assets
[Feb 1, 2023 2:07 AM] Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data.
Genesis Capital’s fall might transform crypto lending — not bury it
[Jan 28, 2023 8:01 AM] TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
[Jan 27, 2023 1:00 PM] How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets
[Jan 26, 2023 9:08 PM] Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets.
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…
Judge denies motions from Celsius users seeking to reclaim assets
[Jan 25, 2023 12:00 PM] Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform’s terms of use left assets in their control.
Celsius' mining arm announces $1.3M sale of equipment
[Jan 13, 2023 11:45 AM] According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”.
FTX customers are safe from being doxxed, for now
[Jan 11, 2023 8:05 PM] The decision comes after a Jan. 8 filing by FTX’s lawyers, who argued that public disclosure could create an undue risk of identity theft or unlawful injury to FTX creditors.
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…
NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ 'dire financial condition'
[Jan 5, 2023 9:47 AM] Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition to investors.
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
[Jan 5, 2023 2:30 AM] A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent…
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
[Jan 4, 2023 4:30 PM] Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting…
Judge rules Celsius owns funds in Earn accounts, paving the way for stablecoin sale
[Jan 4, 2023 3:45 PM] Judge Martin Glenn found the terms of use for the Earn program “unambiguous,” and besides that, treating account holders as unsecured creditors was more equitable.
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.
Bitcoin bears well positioned for Friday's $2.5 billion options expiry
[Dec 28, 2022 7:26 AM] BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.
7 biggest crypto collapses of 2022 the industry would like to forget
[Dec 26, 2022 10:30 AM] A look at some of the biggest disappointments in the crypto space from this year as the industry readies itself for better things to come.
Crypto can get weird: The 5 strangest stories of the industry in 2022
[Dec 24, 2022 9:12 AM] Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
[Dec 23, 2022 1:00 PM] With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked
[Dec 15, 2022 9:30 AM] According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the…
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
[Dec 12, 2022 2:00 PM] Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
[Dec 11, 2022 9:30 AM] Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed…