Celsius Archives

Celsius

7 July, 2023

CFTC concludes that Celsius and former CEO broke US rules

A report appeared on July 5 claiming investigators at the CFTC have concluded that bankrupt digital asset lender Celsius Network...

P2P marketplace Paxful cites regulatory pressure as it suspends services

Business

Jon Southurst

5 April, 2023

P2P marketplace Paxful cites regulatory pressure as it suspends services

Celsius bankruptcy and an ongoing legal dispute between Paxful's co-founders likely also played a part in the P2P marketplace shutdown.

Celsius bankruptcy judge authorizes discount sale of Bitmain coupons

Business

James Field

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...

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...

‘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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Steve Kaaru

21 Nov 2024

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