CoinGeek

Alex Mashinsky

Celsius creditors support appointment of trustee in bankruptcy case

Business

Steve Kaaru

12 September, 2022

Celsius creditors support appointment of trustee in bankruptcy case

Attorneys for the bankrupt lender also revealed that they were in support of the trustee’s request to appoint of an...

Celsius wants to return $50M of customer funds, but there’s a catch

Business

Steve Kaaru

5 September, 2022

Celsius wants to return $50M of customer funds, but there’s a catch

Celsius wants to only return funds to customers who hold assets in Custody and Withhold accounts, leaving out anyone who...

Celsius countersues ex-manager who called lender a ‘Ponzi scheme’

Business

Steve Kaaru

26 August, 2022

Celsius countersues ex-manager who called lender a ‘Ponzi scheme’

KeyFi founder Jason Stone, who managed billions for Celsius, sued the lender over reckless risking of customer funds, but Celsius...

California watchdog issues cease and desist order against Celsius Network

Business

Steve Kaaru

13 August, 2022

California watchdog issues cease and desist order against Celsius Network

Celsius has been violating securities regulations by offering its Earn Rewards accounts in the state while also making materially false...

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Business

Jordan Atkins

19 July, 2022

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses...

Celsius Network is bankrupt—this is getting ridiculous

Business

Gavin Lucas

15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...

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Wahid Pessarlay

1 Jul 2025

Alex Mashinsky

Celsius creditors support appointment of trustee in bankruptcy case

Celsius wants to return $50M of customer funds, but there’s a catch

Celsius countersues ex-manager who called lender a ‘Ponzi scheme’

California watchdog issues cease and desist order against Celsius Network

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Celsius Network is bankrupt—this is getting ridiculous

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