A new bankruptcy coin report filed on Sunday shows that troubled crypto lender Celsius’ actual debt stands at $2.85 billion against its bankruptcy filing claims of a $1.2 billion deficit. The latest ...
Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token. Reading time: Reading time 3 minutes ...
Crypto lender is under pressure from individual investors who want their money back after it froze withdrawals and filed for Chapter 11 bankruptcy. Celsius Network is in big trouble. The crypto lender ...
The below is a free, full excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain ...
Cryptocurrency lending and borrowing platform Celsius Network has topped $300 million in coin deposits in the course of 12 months and completed over $2 billion in coin loan origination, according to a ...
Celsius aims to recover some $2.4 billion in Bitcoins it transferred to Tether as collateral for a loan during its bankruptcy proceedings Tether said the lawsuit was "baseless" and its CEO said the ...
Celsius Network misled its investors – and on occasion used new customer funds to pay for other customers’ withdrawals, the usual definition of a Ponzi scheme, an independent examiner for the U.S.
Even though major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) were in the red at press time, there are some coins that were bucking the trend. Is it now the time to buy Enjin Coin (ENJ), ...
Celsius Network asked the court for approval to liquidate $18 million of stablecoins in its Earn account to fund the company’s restructuring plan, the bankrupt crypto lender said on Twitter. The move ...
Crypto markets were shaken as the not-so-stablecoin UST and sister cryptocurrency LUNA collapsed last month, bringing the digital asset economy down with them and exposing smaller, more vulnerable ...