Finance News – Celsius
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Celsius begins $220M distribution in third payout round to creditors
Celsius has initiated its third payment to creditors totaling over $220 million, increasing the total recovery amount to nearly 65% of the owed funds.
Read Full Article →Bankruptcy judge allows Celsius to proceed with claims against Tether in $4.3B dispute
The court's decision enables Celsius to continue legal actions against Tether, potentially affecting the valuation and resolution of assets involved in the $4.3 billion financial d...
Read Full Article →NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
A judge’s approval allows Celsius to seek substantial compensation from Tether, highlighting potential financial liabilities related to the liquidation of a significant cryptocurre...
Read Full Article →Judge Says $4 Billion Celsius Lawsuit Against Tether Can Proceed
The court’s decision allows Celsius to continue pursuing a lawsuit claiming that Tether’s handling of Bitcoin collateral during liquidation caused significant financial losses.
Read Full Article →Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
A recent court decision permits Celsius Network to continue its efforts to reclaim approximately $4 billion in Bitcoin, highlighting potential financial recovery and legal implicat...
Read Full Article →Judge lets Celsius $4B Bitcoin lawsuit against Tether move forward
A court decision permitting Celsius’s legal action to proceed may impact both companies’ financial positions, as it challenges the handling of a substantial Bitcoin transaction val...
Read Full Article →Bitcoin loans are back, rewriting the book Celsius burned
The resurgence of cryptocurrency lending reflects increased regulatory measures, yet market fluctuations continue to pose risks of abrupt asset liquidations for borrowers and lende...
Read Full Article →Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Alex Mashinsky’s relinquishment of claims to Celsius-related holdings significantly impacts his potential financial recovery as he and affiliated entities are excluded from receivi...
Read Full Article →Former Celsius CEO Alex Mashinsky Forfeits All Claims to Bankruptcy Proceeds
By relinquishing his rights to any bankruptcy disbursements, the former CEO enables a greater allocation of available assets to be paid out to those owed money by the company.
Read Full Article →Celsius founder gets 12 years in prison for crypto fraud
The lengthy prison term for the cryptocurrency lender’s founder highlights the serious legal consequences associated with fraudulent activities in the digital asset industry.
Read Full Article →Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
The sentencing of the former Celsius CEO underscores the severe financial repercussions of deceptive practices in the cryptocurrency industry, highlighting the risks investors face...
Read Full Article →Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case
The sentencing of Celsius CEO Alex Mashinsky highlights the serious legal and monetary consequences faced by prominent figures involved in significant cryptocurrency fraud scandals...
Read Full Article →Ex-Celsius CEO asks to travel for a wedding after sentencing
The court’s handling of the former Celsius CEO’s sentencing and travel request highlights ongoing legal scrutiny of cryptocurrency executives, which could affect future regulatory...
Read Full Article →Former Celsius CEO sentenced to 12 years in prison for crypto related fraud: Inner City Press
The sentencing of Alex Mashinsky highlights the legal and financial risks associated with cryptocurrency platforms, underscoring the importance of regulatory oversight and investor...
Read Full Article →Ex-SafeMoon CEO claims innocence, blames founder as trial begins
The ongoing trial involving former SafeMoon executives centers on accusations of misappropriating substantial funds from the company’s cryptocurrency holdings, highlighting potenti...
Read Full Article →Former Celsius CEO Alex Mashinsky seeks lenient one-year sentence, disputes DOJ’s 20-year recommenda...
Alex Mashinsky’s legal team argued for a significantly reduced prison term, highlighting the potential impact on his financial status and ongoing asset management amid the governme...
Read Full Article →Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’
The sentencing outcome in this high-profile case could significantly impact investor confidence and regulatory scrutiny within the cryptocurrency lending industry, affecting market...
Read Full Article →Crypto skeptic to release SBF, Mashinsky interviews in documentary
Ben McKenzie’s documentary about cryptocurrency features interviews with high-profile figures involved in major financial collapses, highlighting ongoing concerns about transparenc...
Read Full Article →Movement Labs suspends co-founder following MOVE market turmoil
Movement Labs' suspension of co-founder Rushi Manche follows concerns about a controversial market maker deal, coinciding with Coinbase suspending MOVE trading due to unmet listing...
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