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Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Show
11.10.2022
Alex Mashinsky, who resigned as Celsius’ CEO on September 27, continues to move crypto out of wallets while withdrawals are suspended for customers
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
7.10.2022
The report’s findings may affect the court’s decisions about custodial accounts and preference claims
Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History
7.10.2022
The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s...
Crypto Lender Celsius Co-Founder, Chief Strategy Officer Leon Resigns: Report
4.10.2022
Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
3.10.2022
Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July
Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says
30.9.2022
The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...
Genesis Sales, Trading Chief Ballensweig Joins Exodus From Crypto Lender
28.9.2022
The crypto firm has hemorrhaged top-level talent in the wake of massive losses this year
Celsius CEO Alex Mashinsky Resigns Amid Tumultuous Bankruptcy Proceedings
28.9.2022
On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius —...
Bankrupt Crypto Lender Celsius Network's CEO, Alex Mashinsky, Resigns
27.9.2022
The CEO of bankrupt crypto lender Celsius, Alex Mashinsky has resigned, according to a press release
Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank
27.9.2022
Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC)
Crypto Lender NEXO Faces Cease-and-Desist Order From California
27.9.2022
All-in-one cryptocurrency platform Nexo has received a cease-and-desist order in the U.S. state of California.
The desist-and-refrain order which was filed by California's Department of Financial Protection and Innovation (DFPI) alleges that Nexo has offered and sold "unqualified securities"...
FTX Wins Bid to Buy Crypto Lender Voyager Digital's Assets Out of Bankruptcy
27.9.2022
FTX US's bid is valued at approximately $1.422 billion, according to a Voyager press release late Monday Eastern time
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
27.9.2022
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation...
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
26.9.2022
Report: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency
24.9.2022
According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that...
CFO of Insolvent Crypto Lender Voyager Resigns
23.9.2022
Ashwin Prithipaul joined Voyager as its chief financial officer in May of this year
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
FTX Is in the Lead to Buy Crypto Lender Voyager Digital’s Assets Out of Bankruptcy: Source
15.9.2022
Voyager’s collapse shocked crypto markets earlier this year. It’s close to finding a buyer for its assets