Celsius


Finance

Steve Kokinos, Creditors Named to Run Celsius 2.0

Executives from WeWork, Lehman Brothers and miner US Bitcoin will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee

Celsius is being sold to crypto consortium Fahrenheit (Pixabay)

Juridique

Ex-Celsius CEO Mashinsky's Assets Ordered Frozen by Court as DOJ Case Continues

Corporate bank accounts and a Texas property are now untouchable after the former executive’s July arrest.

Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

Juridique

Celsius Token Holders Lose Bid to Hike CEL Valuation

Some creditors of the bankrupt crypto lender argue it should be valued at a higher $0.80, the nominal price when the company collapsed, despite allegations of market manipulation

Celsius is being sold to crypto consortium Fahrenheit (Pixabay)

Vidéos

Bitcoin Falls Below $26K in Absence of Grayscale vs. SEC Court Decision

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $26,000. There's still no decision in Greyscale's lawsuit against the SEC over the approval of a bitcoin spot ETF. Meantime, Bloomberg says Ether futures ETFs will get approval from the SEC. Bankrupt crypto lender Celsius will hold a vote on its plan to sell assets. Plus, crypto lender Exactly has become the latest protocol to be struck by a hack.

Recent Videos

Juridique

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

(Mustang Joe/Flickr)

Vidéos

Bankrupt Crypto Lender Celsius to Poll Customers on New User-Owned Company Plan: Report

Bloomberg is reporting that Celsius was granted permission by a judge to begin polling account holders on its plan to restart as a new user-owned company. "The Hash" panel discusses the bankrupt crypto lender's latest attempt to repay customers.

Recent Videos

Juridique

Mashinsky's Arrest, Ripple Ruling, Etc.

Catching up on a mere 11 days' worth of news.

Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

Vidéos

DOJ Attorneys Ask for Time to Process Evidence Against Celsius Founder; Dogecoin Jumps Again

"CoinDesk Daily" breaks down the top crypto headlines of the day, including why dogecoin (DOGE) is rising for the second straight day. Attorneys for the U.S. Department of Justice (DOJ) ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky. Binance plans to ask a court to dismiss the U.S. Commodity Futures Trading Commission’s (CFTC) suit against it. And, KuCoin responds to recent speculation surrounding layoffs.

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Juridique

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius's Former CEO, Attorneys Tell Judge

Alex Mashinsky was arrested earlier this month on fraud and price manipulation charges.

Celsius to distribute $3 billions of crypto to creditors as firm emerges from bankruptcy.

Juridique

Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.

(Pixabay)