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Bankrupt crypto lender Celsius owes users $4.7 billion, court document reveals
Celsius Networks, a US-based crypto lender, which filed for bankruptcy protection on July 14, owes…
Elon Musk is a 'tourist' in crypto who just wants to 'collect followers,' Celsius Network CEO says
"We're going to get to where we're going with Elon or without Elon," Mashinsky said at the Bitcoin …
Will Daniel
Celsius founder Alex Mashinksy pulled out $10 million worth of cryptocurrency weeks before freezing withdrawals as the lender headed for bankruptcy, report says
A spokesperson for Mashinksy told the Financial Times said he and his family still hold roughly $44…
Brian Evans
Judge allows Sam Bankman-Fried to keep his new lawyers after prosecutors warn of conflict of interest
SBF, with curly hair and ankle chains, returned to court after prosecutors said his lawyers had a c…
Jacob Shamsian,Katie Balevic
Celsius cofounder accused of defrauding investors in New York attorney general's lawsuit
The suit seeks to ban Mashinsky from conducting any future business in New York State as well as fo…
Brian Evans
The social aspects and sense of community are the crypto market's biggest allure and its biggest danger, experts say
The social aspect is an alluring part of crypto - and that's been a dangerous pitfall for some inve…
Jennifer Sor
Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank
Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…
George Glover
Ponzi probe finds bankrupt crypto lender Celsius wasn't doing business the way it told customers
Court-appointed examiner Shoba Pillay said the bankrupt Celsius Network acted as the market maker f…
Ryan Hogg
Failed crypto lender Celsius says it's filing for bankruptcy
"This is the right decision for our community and company," Celsius's chief executive and co-founde…
George Glover
'Dr. Doom' economist Nouriel Roubini slams crypto as a massive fraud - and blasts Kim Kardashian for promoting coins
Roubini declared that manure is more precious than some of the most ridiculous coins, as he believe…
Theron Mohamed
After firing 150 employees, crypto lending platform Celsius Network files for bankruptcy
The platform said that it initiated voluntary Chapter 11 bankruptcy proceedings to provide it with …
Sam Bankman-Fried is positioning himself as crypto's 'lender of last resort' - but even he reportedly couldn't deal with the $2 billion hole in Celsius' balance sheet
FTX walked away from a deal to buy Celsius before the troubled crypto lender filed for bankruptcy t…
George Glover
Celsius is conducting its own misconduct investigation as customers tell a bankruptcy court that the company's founders misled them
The Celsius bankruptcy docket has swelled with hundreds of letters from Celsius users, many suggest…
Sindhu Sundar
Bitcoin sinks under $20,000 to lowest level since late 2020 as crypto selloff continues
The crypto crash has sparked big layoffs and forced some exchanges to pause trading, with more turm…
Jyoti Mann
Tether's stablecoin loses its dollar peg again after lending platform Celsius freezes all withdrawals
Tether's collapse could potentially be crypto's "Lehman Brothers moment", GlobalBlock analyst Marcu…
George Glover
Explained: Five things to know about US-based crypto lender Celsius’s crash
Crypto lender Celsius filed for bankruptcy protection under Chapter 11 on Thursday.
BitMart suspends withdrawals after hackers drained almost $200 million in cryptocurrencies using a stolen private key
Close to $200 million was stolen from crypto wallets from the BitMart exchange using a stolen priva…
Camomile Shumba
Pressure was lifted from sterling as the UK government announced a U-turn on its tax plans that had sent the pound to new lows. Here's what to know.
Following a week of chaos sparked by the UK government's mini budget, the pound got some relief yes…
Hallam Bullock
Private credit is so hot right now, the execs at SALT were raving about it. BlackRock and Owl Rock are taking advantage of banks' pain to win more of this booming part of Wall Street.
Asset managers sitting on trillions of dollars in capital are seeing opportunities with businesses …
Aaron Weinman
Bitcoin surges past $20,000 for the first time ever, extending year-to-date return to 185%
The digital currency surged more than 5% to trade at about $20,550 as of 9:30 a.m. ET, breaking a r…