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 ...

Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the United States Bankruptcy Court claiming Stone misrepresented ...

This week, Celsius Network published a large document containing all the account balances of its customers. The move is part of the company’s ongoing restructuring process following its Chapter 11 ...

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 ...

Alex Mashinsky pushed Celsius into increasingly risky loans in a bid to maintain high rewards, the filing argues. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Celsius, the bankrupt ...

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Bankrupt crypto lender Celsius Network on Thursday, filed a request for sale of its stablecoin holdings, in a bid to generate liquidity to fund its operations. Adds details from court document, ...

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.

Throughout the latter half of 2022, filing for bankruptcy became a reality for many high-profile crypto firms. The resurgence of “crypto winter” has brought many crypto-related entities to their ...

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 ...

Sept 16 (Reuters) - Bankrupt crypto lender Celsius Network on Thursday, filed a request for sale of its stablecoin holdings, in a bid to generate liquidity to fund its operations. The New Jersey-based ...