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Gemini and Arrington join auction for failed crypto lender Celsius
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Blockchain Recovery Investment Committee is also backed by Coinbase, according to Fortune, citing a now deleted Arrington tweet.Celsius filed for bankruptcy and suspended customer withdrawals in July, citing a $1.19 billion deficit on its balance sheet.In January, New York's attorney general filed a civil lawsuit against founder Alex Mashinsky, alleging that he defrauded hundreds of thousands of investors out of billions of dollars worth of cryptocurrency.Earlier this month, the official committee of Celsius creditors won court approval to assert fraud and negligent misrepresentation claims against the company on behalf of account holders.
. Read more on finextra.comAbout this in other media
Celsius Network's Mashinsky Refutes Blame for Crypto Lender's Collapse in Legal Battle – Here's the Latest cryptonews.com /11 months ago
Dogecoin, Swords of Blood, and Stacks will be the Biggest Crypto Winners in 2023 cryptonews.com /11 months ago
Mashinsky files motion to dismiss NY AG suits, says it ‘parrots misinformation’ cointelegraph.com /11 months ago
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