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Bankrupt crypto lender Celsius Network submitted an “adversary complaint” against EquitiesFirst Holdings on Wednesday, as per the confidential adversary complaint. The moves come as Celsius attempts to recoup assets from…
The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors. The move could signal the company’s willingness to strengthen its position in America…
Prime Trust – a once-leading cryptocurrency custodian – filed for Chapter 11 bankruptcy protection in Delaware approximately two months after the Nevada Financial Institutions Division claimed it operates in an…
The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of…
The co-founder and former CEO of Celsius Network – Alex Mashinsky – has reportedly pleaded not guilty to the allegations that he and his entity defrauded customers over the years…
Just over a week ago, a confidential source from within the CFTC stated that the regulator had arrived at the conclusion that Celsius and its CEO, Alex Mashinsky, had violated…
Bankrupt crypto lender Celsius is suing Switzerland-based liquid staking platform StakeHound for allegedly failing to return $150 million worth of crypto assets in Ether (ETH), Polygon (MATIC), Polkadot (DOT), and…
This year, Ethereum’s network officially transitioned to a Proof-of-Stake consensus algorithm, leaving Proof-of-Work forever behind. One of the multiple implications The Merge has had on the protocol is that there…
Fahrenheit LLC – a consortium of investors that includes the largest crypto exchange in the United States – has emerged as the winner in the court-approved auction process to acquire…
Celsius’ wallets have been quite active amid its ongoing bankruptcy and restructuring process. The beleaguered crypto lender – which remains one of the biggest firms with a staked ETH portfolio…