You Searched For "celsius bankruptcy" and got 20 results
Sort By:
3 mins read
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.
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
2 mins read
Coinbase soars 20% as the exchange says it has no exposure to bankrupt firms struggling through crypto winter
"We believe these market participants were caught up in the frenzy of a crypto bull market and forg…
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
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
2 mins read
Celsius customer received $67,000 tax bill for funds lost in crypto lender's bankruptcy, report says
Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-in…
Ryan Hogg
2 mins read
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 …
3 mins read
Crypto lender Vauld has frozen withdrawals, and hedge fund Three Arrows Capital has filed for bankruptcy. Here are the crypto firms hit by the sell-off.
The crash in crypto prices is spurring a liquidity crisis among lenders and exchanges. Here are the…
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
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
1 min read
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
2 mins read
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…
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
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
2 mins read
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
1 min read
Staff shortage hits TN power utility's monsoon maintenance plans
The maintenance plans of the Tamil Nadu Generation and Distribution Company (Tangedco) for the mons…
1 min read
Cryptocurrency lending platform Celsius lays off a quarter of its workforce
The platform last month paused all withdrawals citing "extreme market conditions". According …
2 mins read
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
Goldman Sachs is approaching Web3 crypto funds and traditional financial institutions to gauge inte…
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
2 mins read
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…