Celsius Network

Celsius Now Comes Out A Recovery Proposal In A Last-ditch Effort To Repay Customers

Key Points: The committee discussed the firm's suggested recovery corporation model, but also stated that it was looking into other…

2 years ago

Celsius Used New Customer Funds To Pay for Other Withdrawals

Key Points: Celsius suspended customer withdrawals on June 12, new customer deposits would have become the only liquid supply of…

2 years ago

Coinbase Again Downgraded By Moody’s For Significant Reduced Revenue In 2022

Key Points: Both Coinbase's long-term credit rating and its guaranteed senior unsecured notes have been lowered by Moody's due to…

2 years ago

Celsius Mining Decided To Sell Nearly New 2,700 Bitcoin Mining Equipment For $1.3 Million

Key Points: In connection with its bankruptcy case, Celsius Mining, the mining division of cryptocurrency lender Celsius Network, has published…

2 years ago

Core Scientific Was Investigated For Securities Fraud Causing Stock Prices Free To Be Dumped

Key Points: According to a recent assessment by Culper Research, Core Scientific has "widely oversold" its mining businesses. The investigation…

2 years ago

Crypto Investment Firm Midas Shuts Down Platform

Key Points: The extensive withdrawals and reduced yield opportunities on the market had the firm unable to cover daily payouts…

2 years ago

Celsius Commits To Solve All Customer Issues After The Hearing

At the hearing on Wednesday, Celsius discussed the reopening of withdrawals for certain customers. They are approaching customer recovery in…

2 years ago

Celsius Network Is Under Investigation For “Ponzi Scheme”

The court assigned an examiner to investigate Celsius Network LLC's commercial operating model, the Wall Street Journal (WSJ) said. Celsius…

2 years ago

Celsius Rejected Offer To Use $3 Million To Retain Employees

Judge Martin Glenn rejected Celsius's plan to use $3 million to retain employees. He called the move "completely unacceptable". As…

2 years ago

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