Celsius, the bankrupt cryptocurrency lender, has formally appealed a court decision rejecting its $444 million claim against the insolvent crypto exchange FTX.
Celsius founder and former CEO Alex Mashinsky is facing up to 30 years of jail time after pleading guilty to charges linked to the collapse of the bankrupt crypto lender.
Alex Mashinsky, the disgraced founder and ex-CEO of cryptocurrency lender Celsius Network, admitted guilt to two counts of fraud on Tuesday. What Happened: Despite his initial plea of not guilty, Mashinsky confessed to two of the seven charges during a hearing before a U.S. District Judge, according to a Reuters report.
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business
Cryptocurrency platform Zipmex is offering to compensate its creditors as part of its recent restructuring effort. As for what the compensation rate will be remains uncertain.
Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day trading gain to 39%, on the heels of a dramatic bankruptcy case.
Bitcoin (CRYPTO: BTC) self-custody firm CASA CEO Nick Neuman on Thursday voiced concerns regarding what he said are unusual activities surrounding global cryptocurrency exchange Binance and its U.S. affiliate Binance.US.
Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a settlement deal for a long-standing legal dispute.
Bankrupt cryptocurrency lending company, Celsius’ (CRYPTO: CEL) successor company is likely to appoint former Algorand (CRYPTO: ALGO) CEO Steve Kokinos who stepped down from his role in July 2022.