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Celsius

Celsius hit with fraud charges as regulators’ crypto crackdown continues

Then-CEO 'vehemently denies' charges as authorities look to impose $4.7bn fine

Alex Mashinsky and crypto lender Celsius Network face multiple charges, including propping up the value of the company’s token.

3 min read

Celsius Network lawyers move to fold UK affiliate

The cryptocurrency lender argued that its advisers have been struggling to reconcile the records of the UK affiliate, called Celsius Network, and Hoboken

2 min read

CryptoCryptocurrencyCelsius

Celsius co-founder Mashinsky faces lawsuit over making false statements about lender’s finances

Mashinsky falsely claimed that Celsius was safer than a bank and only lent assets to credible entities, the lawsuit said

2 min read

What Celsius Network’s bankruptcy case means for other failed crypto platforms

There's a more fundamental legal question: What rights do crypto banks, brokerages or exchanges have over their customers’ coins?

3 min read

‘Grow up,’ ex-Celsius directors warn crypto as BlockFi joins bankruptcy club

Much of the technology needed to solve crypto firms' book-keeping problems 'hasn't been built yet'

5 min read

AccountancyCryptoBlockchainCryptocurrencyFTXCelsius
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How ex-Celsius boss Alex Mashinsky and other execs withdrew $18m in crypto before firm’s bankruptcy filing

Filings show that Mashinsky’s wife Kristine Mashinsky and former chief strategy officer Daniel Leon withdrew more than $2m and roughly $7m worth of tokens respectively

2 min read

CryptoCryptocurrencyCelsius

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