Celsius

Celsius trustee wants independent examiner to probe ‘gross mismanagement’
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24 August, 2022

Celsius trustee wants independent examiner to probe ‘gross mismanagement’

Offering unregistered securities, failing to hedge against volatility, and making risky investments bear the hallmarks of incompetence, the gov’t trustee...
Canadian watchdogs join US SEC in Celsius probe: report
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12 August, 2022

Canadian watchdogs join US SEC in Celsius probe: report

The Quebec and Ontario securities watchdogs have joined the probe, with the former especially concerned about the fate of a...
The CoinGeek Pulse Episode 96: Bankrupt Celsius owes $5B, Binance fined in the Netherlands, Dubai launches metaverse strategy
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22 July, 2022

The CoinGeek Pulse Episode 96: Bankrupt Celsius owes $5B, Binance fined in the Netherlands, Dubai launches metaverse strategy

More troubles loom for digital assets firms like Celsius Network and Binance; meanwhile, Dubai launches its new 'metaverse strategy' that...
Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot
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20 July, 2022

Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot

The Vermont watchdog also accused Celsius of offering unregistered securities even as a new FT report shows that Celsius openly...
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...
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