Celsius
- Technology
NY AG Letitia James files a civil suit against Alex Mashinsky, alleging the co-founder of Celsius defrauded investors out of billions by making false statements (Wall Street Journal)
Wall Street Journal: NY AG Letitia James files a civil suit against Alex Mashinsky, alleging the co-founder of Celsius defrauded…
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A US judge rules that the crypto deposits in bankrupt crypto lender Celsius Network's yield-bearing accounts belong to Celsius and not individual holders (Crystal Kim/Axios)
Crystal Kim / Axios: A US judge rules that the crypto deposits in bankrupt crypto lender Celsius Network’s yield-bearing accounts…
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Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)
Eliza Gkritsi / CoinDesk: Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest…
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Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per hour, leading some creditors to criticize the process (Sujeet Indap/Financial Times)
Sujeet Indap / Financial Times: Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per…
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A US bankruptcy judge orders Celsius to return ~$50M crypto deposits in non-interest bearing custody accounts, pending a decision on interest-bearing accounts (Jeremy Hill/Bloomberg)
Jeremy Hill / Bloomberg: A US bankruptcy judge orders Celsius to return ~$50M crypto deposits in non-interest bearing custody accounts,…
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