PlayIconNav
BTC
$66,501.12+0.49%
ETH
$3,037.30+1.28%
BNB
$579.52-0.29%
SOL
$169.02+3.63%
XRP
$0.52217507+0.83%
TON
$6.70+2.99%
DOGE
$0.15304401-1.17%
ADA
$0.48779345+7.29%
SHIB
$0.00002492-1.14%
AVAX
$36.96+6.95%
TRX
$0.12472518+0.09%
Ad
Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
Video
Bloomberg
Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
Bloomberg reports that a judge involved in the Celsius bankruptcy case ordered the company to return $50 million worth of crypto to users of custody accounts. Plus, shares of...
Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
By CoinDesk Inc
Dec 8, 2022 at 9:09 p.m. UTC
Dec 8, 2022
BloombergCelsiusDigital Currency Groupcdtvaab clipGBTCGrayscale Bitcoin Trust
Alex Mashinsky, founder and then-CEO of Celsius Network, when he spoke at Consensus 2019 (CoinDesk)
Finance
Celsius
Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
Celsius filed a motion in September to return crypto to customers who held assets in such accounts.
Alex Mashinsky, founder and then-CEO of Celsius Network, when he spoke at Consensus 2019 (CoinDesk)
By Greg Ahlstrand
Dec 8, 2022 at 3:36 a.m. UTC
Dec 8, 2022
CelsiusBankruptcy
Michael Novogratz's Galaxy Digital is buying custody platform GK8 from Celsius Network. (Sam Reynolds/CoinDesk)
Finance
Galaxy digital
Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius
The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.
Michael Novogratz's Galaxy Digital is buying custody platform GK8 from Celsius Network. (Sam Reynolds/CoinDesk)
By Parikshit MishraJamie Crawley
Dec 2, 2022 at 1:47 p.m. UTC
Dec 2, 2022
Galaxy DigitalCelsiusacquisitionBankruptcyMichael Novogratz
(Tanja Luther/Getty Images)
Policy
Regulations
US Court Approves Deadline for Celsius Customers to File Proofs of Claim
Customers of the bankrupt crypto lender have until Jan. 3, 2023, to file proofs of claim, if Celsius’ scheduling of their claims as filed are incorrect.
(Tanja Luther/Getty Images)
By Sandali Handagama
Nov 21, 2022 at 8:21 a.m. UTC
Nov 21, 2022
RegulationsCelsiusCelsius NetworkBankruptcy
CoinDesk - Unknown
Finance
Ftx
RETRACTED: Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out
This article did not meet CoinDesk’s editorial standards and the original text and video have been removed.
CoinDesk - Unknown
By CoinDesk Staff
Nov 18, 2022 at 4:55 p.m. UTC
Nov 18, 2022
FTXFTTDoNotPayCoinDesk TVCelsius
Celsius Thermometer (Unsplash/Modified by CoinDesk)
Policy
Celsius
Celsius is Owed $12M by Alameda Research, Newest Member of Bankrupt Crypto Club
The bankrupt crypto lender’s new CEO told the judge Celsius Mining has approximately 40,000 mining rigs.
Celsius Thermometer (Unsplash/Modified by CoinDesk)
By Cheyenne LigonDanny Nelson
Nov 15, 2022 at 8:06 p.m. UTC
Nov 15, 2022
CelsiusAlameda ResearchBankrupt
(Recha Octaviani/Unsplash, modified by CoinDesk)
Layer 2
Opinion
The Tax Impact of This Year’s Platform and Protocol Failures
The Celsius Network bankruptcy and the failure of Terra have caused many questions for taxpayers caught in the middle.
(Recha Octaviani/Unsplash, modified by CoinDesk)
By Phil Gaudiano
Nov 15, 2022 at 4:09 p.m. UTC
Nov 15, 2022
OpinionTax Week 2022CelsiusTerra
Time on clock stop by nail delay concept. (Dimj/Shutterstock)
Policy
Celsius
Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan
The bankrupt lender filed the motion so that it has more time to submit its reorganization plan.
Time on clock stop by nail delay concept. (Dimj/Shutterstock)
By Parikshit Mishra
Nov 10, 2022 at 6:55 a.m. UTC
Nov 10, 2022
CelsiusBankruptcyCelsius Network
(Unsplash)
Policy
Policy
Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily
Judge Martin Glenn said he was “shocked” by the bankrupt lender’s plan to issue the bonuses while withholding information from the public, a move he called “completely unaccep...
(Unsplash)
By Cheyenne Ligon
Nov 1, 2022 at 8:56 p.m. UTC
Nov 1, 2022
PolicyBankruptcyCelsiusRegulation
Ukranian Flag (Getty Images)
Finance
Ukraine
Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next
After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius t...
Ukranian Flag (Getty Images)
By Sam Reynolds
Oct 25, 2022 at 7:38 a.m. UTC
Oct 25, 2022
UkraineCelsius NetworkCelsiusAlex Mashinsky