Celsius

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

RegulationsAlex MashinskyCelsiusBankruptcyFraudNew York Attorney GeneralNew YorkLegal

May 3, 2023 at 12:00 p.m. UTC

May 3, 2023

Video

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Bankrupt Crypto Lender Celsius Seeks to Merge UK and U.S. Entities

Celsius is seeking to mingle its U.K. and U.S. entities as court filings allege the distinction between them was a “sham.” CoinDesk’s regulatory reporter Jack Schickler discus...

By CoinDesk Inc

May 2, 2023 at 2:45 p.m. UTC

May 2, 2023

Policy

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.

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May 2, 2023 at 7:36 a.m. UTC

May 2, 2023

Policy

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NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.

By Eliza Gkritsi

Apr 14, 2023 at 3:57 p.m. UTC

Apr 14, 2023

Tax Implications for Investors With Funds on Failed Crypto Exchanges

Video

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Tax Implications for Investors With Funds on Failed Crypto Exchanges

In the wake of a string of crypto firm implosions in 2022, including FTX and Celsius, TurboTax tax expert Lisa Greene-Lewis explains how that may impact investors' tax filings...

By CoinDesk Inc

Apr 14, 2023 at 3:15 p.m. UTC

Apr 14, 2023

Markets

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Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC

Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligi...

By Krisztian Sandor

Mar 8, 2023 at 6:55 p.m. UTC

Mar 8, 2023

Policy

Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says

Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said

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Mar 8, 2023 at 5:27 p.m. UTC

Mar 8, 2023

Finance

Galaxy digital

Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8

The self-custody platform was an asset of bankrupt crypto lender Celsius.

By Brandy Betz

Feb 23, 2023 at 11:08 a.m. UTC

Feb 23, 2023

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Policy

Crypto Has an Incest Problem

Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.