Celsius
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The proposed claim names Alex Mashinsky and various previous leaders and prime supporters for asserted “carelessness, absurd fumble, and self-intrigued direct.” The authority advisory group of Celsius banks is proposing…
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Center Logical appraisals that dropping the concurrence with Celsius will give $2 million in income each month as long as Bitcoin stays around $16,700. Bankrupt digital money loan specialist Celsius…
California regulators order MyConstant to cease crypto-lending services
The California DFPI cautioned in July that it would be getting serious about crypto premium record suppliers in the state. The California Branch of Monetary Insurance and Development (DFPI) has…
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
B. Riley recommended the troubled excavator’s issues were “self inflicted” and illustrated a way for it to stay away from chapter 11. Monetary administrations stage B. Riley has offered Bitcoin…
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
The assets are made up crypto held inside guardianship accounts on Celsius that had not been moved from acquire accounts. A government judge has requested crypto loan specialist Celsius to…
Court sets new deadline for Celsius restructuring plan
Celsius ended withdrawals on the stage on Jun. 13 and declared financial insolvency a month after the fact on Jul. 13. Bankrupt crypto moneylender Celsius was conceded an augmentation on…
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
The self-guardianship stage was procured by Celsius in 2021 for $115 million and is currently set to change hands, forthcoming endorsements. Mike Novogratz-drove venture company System Advanced Property has won…
FTX allegedly ponders bailing out Celsius via asset bid
Receiving the assets of Celsius would imply FTX’s intent to save the lending firm, parallel to what FTX US did for Voyager by securing the captivating offer of approximately $1.4…
Celsius co-founder announces his equity is ‘worthless’ in court
It’s unclear whether the court statement by Leon will affect the value of the shares still in circulation. A Celsius Network co-founder has gone to court to declare his entire…
US Trustee asks for the examiner to ‘untangle’ Celsius’ ‘significant transparency issues’
The United States Trustee overseeing Celsius’ bankruptcy proceedings has asked for the need of an independent examiner to “untangle” the embattled network’s financial affairs and business operations. On Aug. 18…
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