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Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets

Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad BetsAccording to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth of bitcoin in anticipation to buy bitcoin cheap. Except after the CEO allegedly […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List

Report: Equitiesfirst Named as ​​Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender

Report: Equitiesfirst Named as ​​Mystery Debtor to Celsius, 9 Million Owed to Crypto LenderEver since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List

Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’

Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC). Celsius Follows Voyager, Files for Chapter 11 Bankruptcy Crypto lender Celsius Network announced Wednesday […]

Hex Founder Richard Heart Included in Europol’s Most Wanted List