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Celsius Network

21 February, 2023

Celsius bankruptcy judge authorizes discount sale of Bitmain coupons

Following a ruling, Celsius debtors have been permitted to sell their Bitmain coupons, which offer mining rig buyers up to...

US gov’t, creditors oppose Celsius’ proposed restructuring extension

Business

Steve Kaaru

14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...

Tether claims $700M ‘profit’ in Q4, won’t say how

Business

Steven Stradbrooke

13 February, 2023

Tether claims $700M ‘profit’ in Q4, won’t say how

Tether CTO Paolo Ardoino gave an interview in which he celebrated Tether's ability to redeem $7 billion—10% of its alleged...

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Business

Steven Stradbrooke

2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...

Celsius customers’ claims over assets in Earn accounts dismissed in New York

Business

Steve Kaaru

30 January, 2023

Celsius customers’ claims over assets in Earn accounts dismissed in New York

Three clients had filed a motion seeking to be declared legal owners of assets on Earn accounts, but the judge...

‘Segregate customer assets,’ New York financial regulator warns

Business

Jordan Atkins

24 January, 2023

‘Segregate customer assets,’ New York financial regulator warns

Under the latest New York Department of Financial Services guidance, custodians are required to "separately account for and segregate customer...

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Patrick Thompson

15 Nov 2024

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