The creditors of the Celsius bankruptcy estate sued BitMEX for $495 million, accusing the derivatives exchange of fraud, market manipulation, and wrongful liquidations during Bitcoin’s collapse
TL;DR Market debut: Ionic Digital jumped 26% on Nasdaq, closing at $62.90 and reaching a valuation near $2.8 billion. Capital structure: The company issued 37 million
Federal court orders require Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein to pay $4.1 million and $2.014 million, respectively, to resolve Federal Trade Commission
TL;DR: Alex Mashinsky reached a settlement with the FTC that permanently bars him from promoting financial products and requires him to pay $10 million. The order
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
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
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
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
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
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
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