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 U.S. regulators’ skepticism of its …
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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 charges and agreed to cooperate …
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(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 firm’s implosion, Bloomberg News reported …
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By Dietrich Knauth NEW YORK (Reuters) – A lawyer for Celsius Network on Wednesday said the crypto lender hopes to conclude an auction for its assets within days and the …
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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 a Ponzi scheme, which could …
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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 billions, is a serial entrepreneur …
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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, giving relief to a relatively …
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(Reuters) -Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, days after the bank’s Chief …
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(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 executive departures from beleaguered digital …
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(Reuters) – Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do …
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By Jonathan Stempel NEW YORK (Reuters) – Celsius Network LLC on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars in assets …
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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 on Monday in Manhattan. New …
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By Hannah Lang, Carolina Mandl and Elizabeth Howcroft (Reuters) – Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the …
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(Reuters) – Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial …