Celsius Financial News

12.09 / 14:05

business Blockchain regulation lending Bankruptcy Celsius 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 Federal Trade Commission case against him “in its entirety.”

12.09 / 08:25

Celsius Bankrupt Celsius Founder Alex Mashinsky Asks Court to Dismiss US FTC Case

Former Celsius CEO Alex Mashinsky, who has been embroiled in legal troubles since his company's bankruptcy and his subsequent arrest, is now seeking to have the Federal Trade Commission (FTC) drop its case against him.

07.09 / 02:17

business regulation Court Bankruptcy Celsius network 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.

07.09 / 00:21

Celsius Ex Celsius CEO Mashinsky Assets Frozen by Court – Here's the Latest

A federal court has ordered assets and bank accounts belonging to Alex Mashinsky, the former CEO of bankrupt crypto lender Celsius to be frozen.

06.09 / 15:37

regulation Department Of Justice Court Celsius Alex Mashinsky's assets frozen by US court as part of criminal case

A federal judge has ordered that certain bank accounts and properties connected to former Celsius CEO Alex Mashinsky be frozen following a motion from the United States Justice Department.

05.09 / 11:17

business Law FTX Celsius Bitcoin Lawyers collapses Crypto collapses generate hundreds of millions of dollars for lawyers

The legal industry has emerged as a major winner amid cryptocurrency collapses like FTX and Celsius, generating hundreds of millions of dollars for lawyers.

25.08 / 17:51

business regulation Altcoin Court Celsius Celsius bankruptcy Judge denies stakeholders request for representation in Celsius bankruptcy case

Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network bankruptcy case in a court document filed on Aug. 25. The judge also declined to settle whether or not the CEL token was a security.

18.08 / 15:33

Celsius creditors Restructuring Plan Celsius Sends Bankruptcy Restructuring Plan To Creditors Vote After Court’s Approval

Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down.

14.08 / 22:39

business Bankruptcy Celsius settlement Customers Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

Bankrupt crypto lender Celsius can start sending out ballots to its customers for a vote on a proposed settlement plan that would see a consortium called Fahrenheit buy Celsius’ assets and launch a new company. That company would distribute Celsius assets and equity in the new company to its customers.

10.08 / 16:19

Law regulation crimes Celsius bail Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order

A federal judge has approved a joint request from lawyers for Alex Mashinsky and the United States Department of Justice modifying the former Celsius CEO’s bail conditions to include electronic monitoring.

07.08 / 05:01

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

The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case.

26.07 / 13:32

Celsius DOJ US DoJ fraud case US DOJ Seeks 6-8 Weeks to Process Evidence in Alex Mashinsky's Crypto Fraud Case

The US Department of Justice (DOJ) has requested six to eight weeks to gather evidence for its case against Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius.

25.07 / 19:19

Law regulation crimes Celsius Judge gives US prosecutors until Oct. 3 for discovery in case against Alex Mashinsky

Attorneys with the United States Department of Justice have extra time to make discovery and give former Celsius CEO Alex Mashinsky’s defense team time to review related documents.

22.07 / 16:01

business regulation Bankruptcy Celsius exit network Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July 20.

19.07 / 11:39

Blockchain regulation Bitcoin Industry Bitcoin Regulation Bankruptcy Celsius Celsius could repay all USD claims if Bitcoin, Ether prices rose by 2X: Simon Dixon

Bankrupt crypto lender Celsius is battling a Chapter 11 bankruptcy with billions of dollars in claims made by various parties. A new estimate by the Bank of the Future (BF) suggests that the troubled crypto lender could likely repay the USD claims if the price of Bitcoin and Ether, the two assets that the firm holds, doubled from its current price.

18.07 / 09:25

business regulation lending Court Celsius Bankrupt Celsius to spend $24M from GK8 sale on legal expenses

Bankrupt cryptocurrency lending firm Celsius has requested the court to grant relief in the motion related to the distribution of funds from its sale of the self-custody platform GK8.

14.07 / 17:03

business Law lending crimes Celsius Everything that's happened with Celsius and Alex Mashinsky so far

On July 13, authorities arrested Alex Mashinsky, the former chief executive officer of Celsius Network. He faces criminal and civil charges stemming from his time at the cryptocurrency lending platform, which he helped co-found in 2017.

14.07 / 09:11

Law regulation community Celsius Fine Celsius 'pleased' with resolutions amid $4.7B FTC fine

Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it was able to reach with various United States government agencies. The announcement came after the news that the FTC has imposed a $4.7 billion fine on the company.

13.07 / 16:23

Law CFTC regulation Celsius US Attorney’s Office announces charges against former Celsius CEO Alex Mashinsky

The United States Attorney for the Southern District of New York and Federal Bureau of Investigation have announced fraud charges against the former CEO of bankrupt crypto lender Celsius, Alex Mashinsky.

13.07 / 14:17

business Blockchain Celsius network Breaking: Celsius Network fined $4.7B by FTC

The U.S. Federal Trade Commission has issued a $4.7 billion fine against bankrupt crypto lender Celsius Network.

13.07 / 13:09

regulation SEC Court Celsius Bitcoin US SEC files lawsuit against Celsius and Alex Mashinsky: Report

The United States’ Securities and Exchange Commission (SEC) is reportedly taking action against Celsius Network, one of the cryptocurrency lending firms that collapsed in 2022.

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