Celsius Network

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

TrueFi Issued A Notice Of Default To Blockwater Technologies For A $3.4 Million Loan

TrueFi, a decentralized lending platform, stated in a statement Sunday that South Korean blockchain investment firm Blockwater Technologies had defaulted…

2 years ago

Celsius Network Ex-CEO Mashinsky Withdrew $10 Million Before The Bankruptcy

Alex Mashinsky - founder of Celsius Network - withdrew $10m just weeks before freezing all customers' accounts, heading to the…

2 years ago

Celsius’s Revival Proposal Includes Issuance Of Wrapped Assets

As Celsius management further detailed the executives' proposal to return funds to customers, including the issuance of new wrapped assets…

2 years ago

Ripple CTO Smirks Celsius Network About Rebuilding The Company

The recent news of Celsius Network's rebirth as a crypto asset custodian elicited a flurry of replies, the most expressive…

2 years ago

Federal Trade Commission Seeks Participation In Celsius Bankruptcy

The Federal Trade Commission is filing to seek entry into bankruptcy proceedings in Celsius. As reported by Coindesk, the Federal…

2 years ago

Celsius Co-Founder Claims His Equity Is “Worthless”

Co-founder of Celsius Network has asked the court to deem "worthless" the totality of his ownership holding in the troubled…

2 years ago

Nexo Sues Former Director Over $7.9M Trading Loss

Crypto lender Nexo is trying to find a way to cover losses from BitMEX accounts that were locked in 2019.…

2 years ago

Celsius Network Approved To Sell Mined Bitcoin To Cover Operations

During the hearing on August 16, a bankruptcy court judge approved Celsius Network's plans to sell bitcoin it's mined to…

2 years ago

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