SEC raises concerns over Coinbase in objection to Celsius restructuring plan
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC's reasoning in its Sept. 22 objection.
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Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches last year.
Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Alex Mashinsky Fights Back: Seeking Dismissal of US FTC’s Case
In the latest twist to the Celsius bankruptcy saga, founder Alex Mashinsky is requesting the court to dismiss the Federal Trade Commission’s (FTC) case against him. Mashinsky Arrested on Multiple…
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.
Crypto collapses generate hundreds of millions of dollars for lawyers
Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said.
Judge denies stakeholders request for representation in Celsius bankruptcy case
The judge also declined to declare CEL token “not a security,” despite related rulings in the SEC vs Ripple case.
Celsius Approved to Send Adjusted Bankruptcy Plan to Creditors (Report)
The now-defunct cryptocurrency lending company Celsius Network reportedly received permission from US Judge Martin Glenn to send a restructured bankruptcy plan to creditors, seeking their approval. If accepted, affected customers…
Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October.
Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely be restricted from moving funds over $10,000.