Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token. Reading time 3 minutes Before it ...
Holders of Celsius’ native token have failed in a bid to argue CEL should be valued at $0.80, the trading price on the day the crypto lender filed for bankruptcy in July 2022, said a judgment issued ...
Now-defunct crypto lender Celsius used customer funds to purchase and prop up the value of its native token CEL, a new report reveals. Furthermore, the company’s executives, including CEO Alex ...
The Celsius Network’s native token surged by over 300% a month after it initiated a $2.5 billion repayment scheme for more than 250,000 creditors. A court filing on Aug. 26 showed that the bankrupt ...
Bankrupt crypto lending firm Celsius may issue its own token to repay creditors, according to a Jan. 24 report from Bloomberg that cites a video court hearing as the source of its information.
The crypto token Celsius (CRYPTO: CEL), the primary currency of crypto lending platform Celsius Network, is down 15.5% in the last 24-hour period as of 4:30 p.m. ET. The company is in the midst of ...
A month after putting a freeze on account withdrawals, crypto lending firm Celsius Networks, issuer of cryptocurrency Celsius (CRYPTO: CEL), has filed for Chapter 11 bankruptcy protection. It's the ...