CEL Exploded 80% as US DOJ Seeks 20-Year Sentence for Celsius Founder Mashinsky

"A sentence of substantial imprisonment is necessary to account for the seriousness of Mashinskys crimes," the US DOJ insisted.

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Celsius creditors allege Wintermute facilitated ‘wash trading’: Report

Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker, Wintermute, assisted Celsius executives in manipulating the price of CEL (CEL) through the use of “wash trading.” According to a June 23 Bloomberg report, which cited a recent court filing, Celsius creditors have recently amended their lawsuit in the United States District [...]

The post Celsius creditors allege Wintermute facilitated ‘wash trading’: Report appeared first on Crypto Breaking News.

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Celsius Creditors Sue Mashinsky, Other Executives

Former Celsius executives (and their wives) are now facing a lawsuit from their creditors. Losing More Than $1 Billion in a Year The walls are closing in on Alex Mashinsky....

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Celsius Was Operated in a Ponzi-Like Manner: Report

Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi...

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Celsius’ Mashinsky Finally Sued by NY Attorney General

Former Celsius CEO Alex Mashinsky is being sued by the New York Attorney General for defrauding investors and making false statements about the companys financials. Mashinsky Feels the Heat Alex...

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Celsius Network’s bungling showed why centralization can’t protect privacy

Celsius’ bankruptcy proceedings resulted in 14,000 pages of customer data leaking to the public. The incident displayed the pitfalls of centralized finance.

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Co-Founder of Bankrupt Crypto Lender Celsius (CEL) Daniel Leon Resigns

The resignation comes only a week after CEO Alex Mashinsky left the troubled company.

Continue reading Co-Founder of Bankrupt Crypto Lender Celsius (CEL) Daniel Leon Resigns at DailyCoin.com.

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Celsius founder Alex Mashinsky withdrew $10M weeks before bankruptcy – FT

Celsius Network’s founder Alex Mashinsky reportedly withdrew $10 million from the struggling crypto lender a few weeks before the firm froze its customer funds and filed for bankruptcy, the Financial Times reported on October 2.

The post Celsius founder Alex Mashinsky withdrew $10M weeks before bankruptcy – FT appeared first on CryptoSlate.

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Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans

Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings. (Read More)

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Celsius Faces Trouble Selling Its Stablecoins Amid CEO Resignation

Crypto lender Celsius is facing trouble selling its stablecoin holdings, after regulators in Texas and Vermont objected to the deal.

Continue reading Celsius Faces Trouble Selling Its Stablecoins Amid CEO Resignation at DailyCoin.com.

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Mashinsky Is Out: Celsius CEO Resigns

It comes after Celsius filed for bankruptcy in July. Mashinsky Steps Down From Celsius Alex Mashinsky has resigned as Celsius’ CEO. A Tuesday press release announced that Mashinsky had stepped...

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Celsius CEO Suggests Pivot to Custodial Services In Move Nobody Asked For

Celsius executives believe the company can undertake a redemption arc by rebranding to a custodial services provider. Mashinskys Grand Idea Celsius is plotting a comeback that nobody asked for. According...

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'Go to jail:' Community roasts Celsius-themed Monopoly board game

The Celsiusopoly board game is priced at $99, with the U.S.-based e-commerce company offering free shipping to U.S. residents.

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Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT

Celsius's Chief Executive Officer, Alex Mashinsky, has been practically handling untimely trading activities of the firm since January. (Read More)

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Alex Mashinsky Traded Celsius’ Book Before Bankruptcy: FT

Celsius suffered from widely publicized insolvency issues as crypto prices crashed then filed for Chapter 11 bankruptcy in July. Mashinsky Allegedly Traded Celsius Funds Alex Mashinsky intervened on Celsius Networks...

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The Allegation That Alex Mashinsky Tried To Flee the US Is False, Says Celsius

According to the firm, Celsius CEO Alex Mashinsky has remained to work on restoring liquidity and operations rather than seeking to flee the country last week. The struggling platform is doing everything it can to restore operations with CEO Alex Mashinsky, who is now based in the United States. A representative for the platform has […]

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Crypto community confused as Celsius continues with weekly rewards

Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.

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Apparently, Alex Mashinsky Is On The Run

The embattled Celsius CEO Alex Mashinsky has been accused — with no evidence — of trying to flee the country. Covered: Alex Mashinksy Accused Why It’s Unsubstantiated FUD Alex Mashinksy Accused A rumor circulated around Twitter last night revolving around Celsius CEO Alex Mashinsky tried to flee the country. By rumor, there was no proof […]

The post Apparently, Alex Mashinsky Is On The Run appeared first on CryptosRus.

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Nexo Offers Celsius Buy Out Option in the Wake of Service Freeze

Celsius have to make their mind up soon, as the proposition from Nexo will expire in the next 7 days.

Continue reading Nexo Offers Celsius Buy Out Option in the Wake of Service Freeze at DailyCoin.com.

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Celsius Pauses Withdrawals — Here’s Everything You Need To Know

Celsius pauses withdrawals, swaps, and transfers. Find out what this means for you whether you are or not a customer of the crypto savings and lender.  *This is an ongoing story. Check back for updates. Covered: Celsius Announces Pause Is Celsius The Next Terra Luna? Nexo Makes Buyout Offer Celsius Announces Pause Late last night, […]

The post Celsius Pauses Withdrawals — Here’s Everything You Need To Know appeared first on CryptosRus.

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