Tag: Celsius
Celsius’s CEO has privately invested millions of customer funds into a mining subsidiary
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Celsius, an insolvent cryptocurrency lending platform, yesterday filed a petition for voluntary financial reorganization under Chapter 11 of the US Bankruptcy Code with the...
Celsius’s demise could bring heavy selling pressure to Bitcoin miners! Only half of the 80,000 units are working
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Celsius, an insolvent cryptocurrency lending platform, filed for financial reorganization in a New York bankruptcy court on Monday, while its Mining subsidiary Celsius Mining...
$92,000 a month is too much? Celsius revoking the proposal to reappoint the former CFO
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Embattled cryptocurrency lending platform Celsius last month withdrew its offer to the Southern District Court of New York to bring back former chief financial...
Celsius Restructuring charges up to $33 million in anticipation of future mining revenues
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Crypto asset lending platform Celsius went public with its unhealthy finances after it filed for bankruptcy.Celsius's projected budget to the end of October 2022...
Celsius will be a creditor to hundreds of US government agencies! Offer to rehire the former CFO at $92,000 a month
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Crypto lending platform Celsius filed a bankruptcy reorganization plan in the middle of last month, with the exception of Pharos USD Fund, SBF's Alameda...
Compare that to Lehman Brothers! The United States, which requires Celsius to be an independent audit creditors committee, objected
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The US Trustee Office filed a motion yesterday (18) to appoint an external independent investigative auditor for crypto lending platform Celsius, which has filed...
Beginners’ Must-See: 8 Safe, Reliable, and Portable Cryptocurrency Storage Wallets
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Why self-custody your cryptocurrency? Many cryptocurrency newbies simply put all their cryptocurrencies on the same exchange where they were purchased. While this is by far the...
What are cryptocurrency liquidations and why are they important?
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Liquidations have made headlines in the cryptocurrency world news cycle over the past few months. This article will explain liquidation concepts, why liquidations occur,...
Wall Street is really big here? Goldman Sachs Raises $2 Billion to Buy the “Bear Stearns” Celsius Assets
Celsius, one of the world's largest cryptocurrency lending platforms, is under attack amid the collapse of risk assets. Wall Street has previously mentioned that under...