The potential successor to the defunct cryptocurrency lender, Celsius (CRYPTO: CEL) revealed its intentions to restart the business without any funded debt and with an initial funding of up to $450 ...

Failed crypto lender Celsius Network kicked-off a bankruptcy trial over its plan to restart as a user-owned Bitcoin miner, telling a judge it wants to repay customers whose funds have been frozen on ...

NEW YORK, Nov 9 (Reuters) - Crypto lender Celsius Network received U.S. bankruptcy court approval on Thursday for a restructuring plan that will return cryptocurrency to customers and create a new ...

Cryptocurrency lender Celsius Network has started the process of paying out $3B worth of crypto and fiat currency to its creditors after officially emerging from Chapter 11 bankruptcy, it said earlier ...

May 9 (UPI) --Alexander Mashinsky, the founder and former CEO of the Celsius cryptocurrency platform and Bitcoin mining company, was sentenced to 12 years in prison on counts related to commodities ...

NEW YORK (AP) — The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting ...

Last week, the bankrupt digital asset lender Celsius sued Tether, the issuer of the world’s largest stablecoin, in order to claw back approximately $2.4 billion from the crypto firm, in what Tether ...

Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day trading gain to 39%, on the heels of a dramatic bankruptcy case. What Happened: Market cap and trading ...

Investment group Fahrenheit will manage NewCo, pledging $50 million for an equity position. The restructuring involves distributing $2 billion in Bitcoin and Ethereum to creditors promptly. Unlock ...