Court Delivers 12-Year Sentence to Celsius Founder Amid Controversy
TL;DR Tough Crackdown: Former Celsius CEO Alex Mashinsky has been sentenced to 12 years in federal prison for fraud and market manipulation, marking a significant legal
Celsius (Latest Publications)
DOJ Calls for 20 Years Behind Bars for Celsius CEO Alex Mashinsky Over ‘Deliberate’ Fraud
TL;DR The U.S. Department of Justice is requesting a 20-year prison sentence for former Celsius CEO Alex Mashinsky over intentional financial fraud. Mashinsky admitted to manipulating
Mashinsky’s Day of Reckoning Looms with 200+ Victim Accounts of Financial Ruin
TL;DR Over 200 victims submitted statements describing the financial and emotional harm caused by Celsius and its former CEO, Alex Mashinsky. The U.S. prosecution is requesting
Celsius vs. FTX: $444M Lawsuit Escalates with New Appeal
TL;DR Celsius appealed a court decision that rejected its $444 million claim against FTX, part of its ongoing bankruptcy proceedings. The legal battle began in early
Celsius Bankruptcy: Over $2.5 Billion Distributed, but 121,000 Creditors Remain Unpaid
TL;DR Celsius has repaid $2.53 billion to 251,000 creditors, covering 84% of the $3 billion owed, but 121,000 creditors remain unpaid, many of whom are owed
Tether Fights Back Against Celsius’ $3.3B Lawsuit—How This Legal Clash Could Impact USDT Holders
TL;DR Tether Dismisses Celsius Lawsuit: Tether Limited calls Celsius Network’s $3.3 billion lawsuit a “baseless” and “frivolous extortion attempt,” asserting that the Bitcoin liquidation was done
Celsius-KeyFi Settlement Includes Millions in Digital Assets and Rare NFTs
TL;DR Celsius-KeyFi’s Settlement Agreement: Celsius and KeyFi have reached a settlement, ending their prolonged legal battle. KeyFi will transfer various digital assets, including hundreds of tokens
Celsius Network Resurfaces, Distributing $3 Billion in Crypto to Creditors
TL;DR Celsius Network successfully concludes the distribution of over $3 billion to its creditors. The nearly unanimous support of 98% of account holders for its distribution
Celsius $1 Billion Ethereum Transfer! Is it a Sign of Imminent Repayments or a Troubling Move?
TL;DR Ethereum Moves for Celsius: Uncertainty surrounds bankrupt cryptocurrency lending platform with notable Ethereum transfers. Bulk Transfer: On January 26, the company moved 443,961 ETH, valued
Celsius Aims for Investors Who Withdrew More Than $100K Before Bankruptcy to Return the Money
Amid Celsius Network LLC’s bankruptcy saga, the company has proposed a settlement for its high-volume investors facing what is known as “Withdrawal Preference Exposure.” This exposure
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