Celsius news articles

SEC, CFTC and FTC Sued Celsius, CEO Mashinsky Arrested and Charged by DOJ
Crypto News Alex Mashinksy, the former CEO and co-founder of crypto lender Celsius, was arrested on Thursday following an investigation into...

Celsius founder Alex Mashinsky arrested, pleads not guilty to fraud
Alex Mashinsky, founder and CEO of bankrupt cryptocurrency lender Celsius Network Limited, pleaded not guilty after being arrested in the U....

Bankrupt Celsius Launches Lawsuit Over Alleged Theft of 1000 ETH
Bankrupted crypto lender Celsius has filed a lawsuit against a former investment manager, alleging he cost the platform tens of million...

Zipmex CEO Refuses to Quit Despite A$73 Million Loss
Zipmex co-founder and CEO Marcus Lim is standing firm on his intention to pilot the troubled exchange through a three-month stay of executio...

Celsius Has a $2 Billion Hole, on Track to be Out of Cash by October
Crippled crypto lending platform Celsius, which filed for bankruptcy in July, appears to be in an even worse financial position than previou...

Ripple Keen to Scoop Up Bankrupt Celsius’ Assets, Report
Blockchain payments company Ripple has expressed interest in acquiring the assets of insolvent crypto lender Celsius as a means to grow, acc...

Celsius Drama Continues as CEO Cashes Out During Recent Short Squeeze
The CEO of bankrupt cryptocurrency lender Celsius has allegedly sold large amounts of the project’s native CEL token during the recent sur...

Singapore-Based Exchange ‘Hodlnaut’ Halts Withdrawals Citing Market Conditions
This year has thus far offered one compelling case after another on the importance of “not your keys, not your coins”. The lates...

Insolvent Crypto Lender ‘Celsius’ Claims Ownership of Customer Deposits in Court
When deeply indebted crypto lender Celsius filed for bankruptcy last week, it was well known that the company had taken enormous risks with ...

Embattled Crypto Lender ‘Celsius’ Files For Bankruptcy
In what some have described as crypto’s “Lehman moment”, troubled lender Celsius has officially filed for “financial...

Ailing Crypto Lender ‘Celsius’ Found to Have Double the Traditional Banking Risk
With an alleged assets-to-equity ratio near double that of the average US bank in late 2021, crypto lender Celsius had taken on far more ris...

Goldman Sachs is Raising $2 Billion to Buy Celsius’ Assets
Investment giant Goldman Sachs is said to be attempting to raise US$2 billion in an effort to buy the assets of distressed crypto lending fi...