The cryptocurrency lender Celsius Network announced Wednesday that it would file for bankruptcy. Celsius said it initiated voluntary Chapter 11 proceedings to provide the company with the opportunity ...

Crypto lender Celsius Network founder and former chief executive Alex Mashinsky withdrew $10 million before the company froze customer withdrawals and declared bankruptcy, the Financial Times reported ...

On January 4, 2023, Judge Glenn of the United States Bankruptcy Court for the Southern District of New York issued a much-awaited decision in the Celsius Network LLC (along with its affiliated debtors ...

Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto. Bankrupt crypto ...

NEW YORK (AP) — The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on ...

Celsius Network is a lending and borrowing platform based in London, using Ethereum as its underlying technology. Members can use their coins as collateral to obtain loans in dollars, and can also ...

Troubled cryptocurrency lending platform Celsius Network LLC said today that it’s preparing to file for Chapter 11 bankruptcy after being labeled “deeply insolvent” by Vermont’s Department of ...

The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July. By David Yaffe-Bellany The collapse of ...

A cryptocurrency organization founded as a bank in 2017. The Celsius Network was popular because it touted interest of 18% and more on deposits of bitcoin, ether and other cryptos. To power the system ...