BREAKING: Celsius reportedly filing for bankruptcy ‘imminently’
An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."
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Celsius Unlocks $418M From Aave
Celsius has unlocked 400,000 stETH from Aave. The crypto lending company has recently been winding down its positions across the DeFi landscape, possibly in an effort to deal with its...
Cornered Crypto Lender Celsius Hires New Restructuring Team
Kirkland & Ellis LLP, Celsius new legal firm, will replace the companys prior lead restructuring counsel. Celsius Hires New Lawyers Celsius has hired a new set of lawyers. According to...
Celsius changes legal team, pays off $20M in Aave debts
The embattled platform continues to wind down its debts to decentralized finance (DeFi) lending protocols, having just paid off 20 million USDC to Aave.
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation…
Scrutiny Intensifies on Voyager and Celsius
Voyager and Celsius are facing expanded investigations from Texas and Alabama regulators, according to Bloomberg. Securities Regulators Expand Investigation Texas and Alabama securities regulators are intensifying their gaze on two...
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending…
Bombshell allegations of fraud as KeyFi takes Celsius to court
KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.
Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.
Celsius Fully Repays MakerDAO Debt
Celsius has fully paid off its debt to MakerDAO, unlocking about $456 million worth of wrapped Bitcoin. It is suffering from a potential $1 billion loss on its MakerDAO lending...
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