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Celsius
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.
XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance has laid off over 1,000 employees in recent weeks. Bail for Alex Mashinsky, the former CEO of Celsius, has been set at $40 million dollars after he was arrested. And, a slew of crypto exchanges start listing XRP for trading.
Ex-Celsius CEO Alex Mashinsky's Bail Set at $40M, Pleads Not Guilty to 7 Counts
Bail for Alex Mashinsky, founder and former CEO of bankrupt crypto lender Celsius, has been set at $40 million by a U.S. District Judge. Mashinsky pleaded not guilty to seven counts, relating to misleading investors and manipulating the price of his CEL token after being arrested on Thursday, the court document said. "The Hash" panel discusses what we know so far.
Legal Experts Weigh in on Ripple's Partial Victory in SEC Court Fight Over XRP
Ripple scored a partial win in its fight with the U.S. Securities and Exchange Commission (SEC) after a court ruling that brought a little bit of regulatory clarity for the crypto industry. Willkie Farr & Gallagher LLP Counsel Michael Selig along with INX advisor and former SEC attorney Alex Damsker share their respective insights into the legal judgement. Plus, their thoughts on bail for former Celsius CEO Alex Mashinsky being set at $40 million by a judge after he was arrested Thursday on charges of fraud.
How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate
The arrest of the bankrupt crypto lender’s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector.
FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX
Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.
Ex-Celsius CEO Alex Mashinsky's Bail Set at $40M, Travel Restricted
The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.
Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
That includes customer recoveries, the company said Thursday.
Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
