US Federal Trade Commission slaps Celsius Network with $4.7B fine
The FTC said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds. Celsius and its former CEO have also been sued by the US SEC today. Last…
CEL price takes another hit, US SEC files lawsuit against Celsius
Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022.…
Celsius unstakes millions of dollars’ worth of ETH
The total value of the stETH tokens that Celsius is trying to withdraw is roughly $437.7 million. The company still holds an additional 188,000 stETH tokens, worth about $342 million.…
Celsius customers begin withdrawing funds eight months after bankruptcy filing
Funds withdrawals by Celsius custody account holders started on March 2. The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year. The…
Celsius publishes list of those eligible for withdrawals
Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw are those who deposited after…
Celsius to return customer funds as January auction attracts 30 bidders
Celsius Network is set to hold auctions for its assets in January 2023. 30 potential bidders have already signed non-disclosure agreements. The crypto lender has also been given a green…
Crypto lender Celsius ordered to return crypto worth $44M to customers
The funds in question are cryptocurrencies held within custody accounts on Celsius that were yet to be transferred from earned accounts. KEY TAKEAWAYS The order was given by a United…
Celsius Network price prediction: Here’s why CEL is soaring
Celsius Network price rebounded on Friday after the latest news on the company’s bankruptcy… The post Celsius Network price prediction: Here’s why CEL is soaring appeared first on CoinJournal.
Why is Celsius up by more than 11% in the last 24 hours?
Celsius token is the best performer amongst the top 100 cryptocurrencies in the market… The post Why is Celsius up by more than 11% in the last 24 hours? appeared…
Canadian pension fund CDPQ writes off $150 million investment in Celsius
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has revealed that… The post Canadian pension fund CDPQ writes off $150 million investment in Celsius appeared first on…