You Searched For "celsius" and got 17 results
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2 mins read
A former employee at bankrupt crypto-lender Celsius has sued the company, calling it a 'Ponzi scheme'
Jason Stone, the CEO of a firm that Celsius acquired, says the cryptocurrency lender failed to hedg…
Katie Canales
1 min read
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
1 min read
Crypto lender Celsius Network's valuation soars 2,400% in latest fundraising round
Celsius Network raised $400 million in its latest fundraising round, pushing its valuation to $3 bi…
Isabelle Lee
2 mins read
Crypto lender Celsius is 'deeply insolvent' and does not have the ability to meet obligations to creditors or account holders, state regulator warns
Regulators warned that Celsius does not have the money to meet its obligations, adding that company…
Jennifer Sor
1 min read
Crypto lender Celsius is betting on its mining operation to help it reorganize as creditors and customers look to recoup $5 billion from the firm
"In a world where the crypto market rebounds, the mining business has the potential to be quite val…
Jennifer Sor
2 mins read
Crypto lender Celsius hires lawyers to help it restructure its finances, after it froze withdrawals of customer deposits: report
Celsius' customers have reportedly withdrawn more than $2.5 billion in assets this year as crypto p…
Zahra Tayeb
2 mins read
Anxious Celsius customers say they have no idea what will happen to their money after the crypto platform halted withdrawals
Customers told Insider they have $2,300 to $105,000 in crypto trapped on Celsius, which froze withd…
Katie Canales
3 mins read
Crypto lender Celsius pauses account withdrawals and transfers as digital tokens plummet across the board
"We are taking this necessary action for the benefit of our entire community in order to stabilize …
Zahra Tayeb
1 min read
Crypto lender Celsius Network pauses all withdrawals, transfers due to 'extreme' market conditions
The decision led to a nearly 55 per cent crash in the price of its digital token 'CELL' to as lo…
2 mins read
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
1 min read
Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
According to an examiner's report, Celsius' logged its finances in 15 QuickBooks files and failed t…
Zahra Tayeb
2 mins read
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
2 mins read
Celsius falls 12% after the energy drink company is forced to pay rapper Flo Rida $82 million in breach of contract lawsuit
When Flo Rida signed the endorsement deal, Celsius had a market valuation of about $10 million. Tod…
Matthew Fox
1 min read
Celsius is weighing a crypto bankruptcy token to pay back creditors in reorganization
Celsius is considering a plan to issue a new cryptocurrency to repay creditors as part of a bankrup…
Brian Evans
3 mins read
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
1 min read
One of the world's largest bitcoin miners will shut off thousands of mining rigs tied to bankrupt Celsius as part of the firms' bankruptcy proceedings
One of the world's largest bitcoin miners will shut off over 37,000 mining rigs tied to Celsius as …
Morgan Chittum
1 min read
Bankrupt crypto lender Celsius gets the go-ahead to hand out $2.8 million in bonuses to keep employees from quitting
Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bil…