Two former executives, and one current executive at crypto lending firm Celsius, withdrew a total of $42.13 million worth of cryptocurrency between May and June of this year, before the Read more
Tag: Celsius
Celsius co-founder Daniel Leon resigns
S. Daniel Leon, co-founder and chief strategy officer of Celsius, has left the firm just a week after chief executive Alex Mashinsky declared his departure. “We confirm that Daniel Leon Read more
Celsius customers write pleas to bankruptcy court to get crypto back: ‘This is an emergency situation, simply to keep a roof over my family and food on their table.’
Some customers of crypto lender Celsius Network, which filed for bankruptcy earlier this month, have written to the Bankruptcy Court for the Southern District of New York, with a hope Read more
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the Read more
Beleaguered crypto lender Celsius files for bankruptcy: report
Embattled crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, according to a new report. The Wall Street Journal reported late Wednesday that the New Jersey-based company had Read more
Beleaguered crypto lender Celsius set to file for bankruptcy: report
Embattled crypto lender Celsius Networks is preparing to file for Chapter 11 bankruptcy protection, according to a new report. CNBC reported late Wednesday that the New Jersey-based company was in Read more
Celsius Network was a ‘Ponzi scheme,’ company’s former investment manager alleges in lawsuit
Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming the company used customer deposits Read more
Is your crypto with Celsius or Voyager? Factors that determine whether you may get your money back
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest Read more