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A U.S. bankruptcy judge has ruled that Celsius Network can proceed with its $4.3 billion lawsuit against Tether. The case focuses on claims that the USDT issuer improperly sold nearly…
Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in federal prison on Thursday. The decision follows his December guilty plea to organizing a fraudulent scheme that misled…
The bankrupt crypto lender Celsius Network has filed an appeal challenging a court ruling that dismissed its $444 million claim against the defunct crypto exchange FTX. The appeal, which is…
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius, has pleaded guilty to one count of commodities fraud and one count of securities fraud. Together, these charges carry a maximum…
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested…
Bankrupt crypto lending firm Celsius has announced plans to distribute an additional $127 million to creditors. The company’s estate revealed that this distribution will be made from its “Litigation Recovery…
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover…
A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.”
Alex Mashinsky, the former CEO of Celsius, is scheduled to appear in the United States District Court for the Southern District of New York on November 13. He faces multiple…
The lawsuit highlights the growing legal tensions in the crypto industry, potentially impacting investor confidence and regulatory scrutiny. The post Celsius sues Tether for $2.4B in Bitcoin, Tether strikes back,…