Tag: Celsius

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Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0

Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0

An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius a [...]
Team Behind Celsius (CEL) Bidder NovaWulf Launch New Entity Called Valinor

Team Behind Celsius (CEL) Bidder NovaWulf Launch New Entity Called Valinor

“We are excited to share the news that we are launching a new investment entity, Valinor, to pursue investment opportunities related to blockchain and [...]
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial www.coindesk.com [...]
Celsius seeks court approval to start repaying customers by year-end

Celsius seeks court approval to start repaying customers by year-end

Embattled crypto lender Celsius Network has told a judge it plans to start paying back its customers by year’s end, amid an Oct. 2 hearing seeking app [...]
Celsius valuation advisor approves value of debtors’ assets and liabilities

Celsius valuation advisor approves value of debtors’ assets and liabilities

Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation advisor Stout Risius Ross, LLC, confirmed the accuracy of the fa [...]
Celsius Creditors Approve Reorganization Plan, Which May Return Up to 85% Funds

Celsius Creditors Approve Reorganization Plan, Which May Return Up to 85% Funds

The overwhelming vote marks another step towards the end of Celsius' bankruptcy and the return of funds to customers. Celsius filed for bankruptcy in [...]
Celsius creditors vote in favor of reorganization plan

Celsius creditors vote in favor of reorganization plan

The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned to them as well as distributing equit [...]
SEC raises concerns over Coinbase in objection to Celsius restructuring plan

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan based in part on the regula [...]
Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan

Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan

Creditors from bankrupt crypto lender Celsius Network are again being targeted in a new wave of phishing attacks as the crypto lender’s bankruptcy pro [...]
Celsius and Core Scientific propose $14M settlement for litigation

Celsius and Core Scientific propose $14M settlement for litigation

Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for [...]
Celsius, Core Scientific (CORZ) Resolve Acrimonious Crypto Mining Dispute With $45M Deal

Celsius, Core Scientific (CORZ) Resolve Acrimonious Crypto Mining Dispute With $45M Deal

The settlement “resolves the protracted and expensive litigation with Core, and cuts off the significant costs that would have been incurred if the pa [...]
Former Celsius exec pleads guilty to criminal charges

Former Celsius exec pleads guilty to criminal charges

Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud a [...]
Former Celsius CEO Mashinsky seeks dismissal of FTC case

Former Celsius CEO Mashinsky seeks dismissal of FTC case

Alex Mashinsky, founder and former CEO of now-bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the United States F [...]
Ex-Algorand CEO Kokinos Named to Run Successor of Crypto Lender Celsius

Ex-Algorand CEO Kokinos Named to Run Successor of Crypto Lender Celsius

“Steve has been a serial entrepreneur and investor for over 25 years, founding and operating companies ranging from internet infrastructure, cloud sof [...]
Celsius Network files ‘adversary complaint’ against EquitiesFirst

Celsius Network files ‘adversary complaint’ against EquitiesFirst

Bankrupt crypto lender Celsius Network has filed a complaint against lending firm EquitiesFirst Holdings in a bid to recoup assets.According to a seal [...]
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