Reserved IP Address°C
02-22-2025
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Alex Mashinsky

California watchdog issues cease and desist order against Celsius Network
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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
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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
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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...
If you don’t know the source of yield, you’re the yield
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22 June, 2022

If you don’t know the source of yield, you’re the yield

Several “crypto hedge funds” have been rumored to be insolvent as they were exposed to digital currency prices via leverage,...
Celsius Network says its CEL token face regulatory risk in latest disclosure
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29 April, 2022

Celsius Network says its CEL token face regulatory risk in latest disclosure

The digital asset lending company recently updated its risk disclosure to point out that aside from lost keys and stolen...
Celsius booted out in latest US digital currency lending purge
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21 September, 2021

Celsius booted out in latest US digital currency lending purge

After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the...
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