On the daily chart, CEL surged to its intraday high of $1.67 per token on Sept. 2 after lows of $1.15 the day before. However, the token’s sharp rally accompanied lower trading volumes, suggesting a ...
Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, ...
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 ...
Investors in the Celsius crypto fintech platform, and holders of its CEL digital asset, woke up to an announcement from developers today saying that users could not withdraw, trade, or access their ...
An attorney for bankruptcy crypto lender Celsius Network said the company might value its CEL token at 20 cents during the recovery process, down significantly from its current market value of 54 ...
Holders of Celsius’ native token have failed in a bid to argue CEL should be valued at $0.80, the trading price on the day the crypto lender filed for bankruptcy in July 2022, said a judgment issued ...
Now-defunct crypto lender Celsius used customer funds to purchase and prop up the value of its native token CEL, a new report reveals. Furthermore, the company’s executives, including CEO Alex ...
A retail-driven short squeeze pushed bankrupt cryptocurrency lender Celsius Network's CEL/USD native token up 25% on Monday. The asset’s price surge led to 300,000 CEL short positions closed on FTX, ...