Celsius Network pivots to bitcoin mining after bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Celsius Network has scaled back its post-bankruptcy business plans to focus only on bitcoin mining, citing …
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Ex-Celsius crypto lender exec Cohen-Pavon pleads guilty, will cooperate with US probe
By Luc Cohen NEW YORK (Reuters) -Roni Cohen-Pavon, a former executive at Alex Mashinsky’s now-bankrupt cryptocurrency lender Celsius Network, has pleaded guilty to U.S. criminal …
CFTC investigators conclude Celsius, ex-CEO broke rules – Bloomberg News
(Reuters) -Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the …
Celsius bankruptcy auction nears end, with Fahrenheit in the lead
By Dietrich Knauth NEW YORK (Reuters) – A lawyer for Celsius Network on Wednesday said the crypto lender hopes to conclude an auction for its …
Celsius bankruptcy examiner expected to report on Ponzi allegations
By Dietrich Knauth (Reuters) – A court-ordered examiner is expected to release a report on Monday addressing whether bankrupt crypto firm Celsius Network operated as …
Who is Alex Mashinsky, the man behind the alleged Celsius crypto fraud?
By John McCrank and Hannah Lang (Reuters) – Alex Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors allege bilked investors out of …
Celsius bankruptcy judge orders return of some crypto assets to customers
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, …
Former Celsius exec joins JPMorgan as director of crypto regulatory policy
(Reuters) -Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, …
Celsius co-founder and strategy head Leon resigns from bankrupt crypto lender
(Reuters) – Celsius Network’s co-founder and chief strategy officer Daniel Leon has stepped down, the bankrupt crypto lender said on Tuesday, joining a wave of …
Crypto lender Celsius not seeking payments for outstanding loans
(Reuters) – Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 …
Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft
By Jonathan Stempel NEW YORK (Reuters) – Celsius Network LLC on Tuesday sued a former investment manager, accusing him of losing or stealing tens of …
Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
By Dietrich Knauth (Reuters) – Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing …
How crypto lender Celsius stumbled on risky bank-like investments
By Hannah Lang, Carolina Mandl and Elizabeth Howcroft (Reuters) – Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled …
Celsius hires lawyers to restructure business after freezing withdrawals – WSJ
(Reuters) – Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible …