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Celsius Network

Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up
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15 November, 2022

Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up

Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.
Was Celsius a Ponzi scheme? Federal judge orders probe
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4 November, 2022

Was Celsius a Ponzi scheme? Federal judge orders probe

A U.S. federal judge has ordered the examiner and the official committee of Celsius creditors to determine who would head...
KYC sucks
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13 October, 2022

KYC sucks

As a subset of Anti Money Laundering (AML) laws and regulations, Know Your Customer places a lot of burden on...
Celsius bankruptcy filing leaks tens of thousands of user details
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10 October, 2022

Celsius bankruptcy filing leaks tens of thousands of user details

Twitter account Crypto Vinco reported that the latest paperwork filed by Celsius in its bankruptcy proceedings revealed the names, dates,...
Celsius co-founder Daniel Leon resigns amid revelations of $56M cash-out
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6 October, 2022

Celsius co-founder Daniel Leon resigns amid revelations of $56M cash-out

Leon was the chief strategy officer and resigned a week after CEO Alex Mashinsky after it was revealed they cashed...
Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze
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4 October, 2022

Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze

Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from...
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