Celsius files to reopen withdrawals for a minority of customers
Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners.
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Celsius Wants to Unfreeze $225M in Customer Funds
Bankrupt crypto lending company Celsius is seeking to return customer funds held in its Custody Program and Withhold Accounts, arguing that they do not technically belong to the company itself....
Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from…
Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
Celsius Counter-Sues KeyFi for Tens of Millions
Celsius is accusing KeyFi of stealing and mismanaging funds during their former partnership. Many Tens of Millions in Cryptocurrencies Celsius is counter-suing its former partner. The struggling crypto lending company...
Celsius, 3AC demonstrated why financial infrastructure should move on-chain
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public.
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the…
Canadian Pension Fund CDPQ Writes off Investment in Celsius
Canadian pension fund giant Caisse de dépôt et placement du Québec (CDPQ) has written off its investment in struggling cryptocurrency lending firm Celsius, acknowledging that the company entered the burgeoning…
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.
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