Celsius (CEL) news

Alex Mashinsky to plead guilty to two charges in plea deal

Celsius co-founder Alex Mashinsky will plead guilty to two counts of fraud

Share link:In this post: Alex Mashinsky, the ex-CEO of Celsius Network, is expected to enter a guilty plea in relation to two charges. Celsius was one of the many Crypto companies that went bankrupt in 2022 due to the market crash. The federal prosecutors also Roni Cohen-Pavon of price manipulation of CEL.

Former Celsius CEO Alex Mashinsky to Plead Guilty in Fraud Case

Alex Mashinsky pleads guilty to fraud charges tied to Celsius collapse, facing up to 20 years for CEL token manipulation and misconduct.

Michael Saylor urges Microsoft to embrace BTC, predicting a $280T market cap by 2045

Share link:In this post: Michael Saylor, MicroStrategy co-founder, calls for Microsoft’s board of directors to invest in Bitocin. Saylor predicts that Microsoft could add almost $ 5 trillion in shareholder value through BTC by 2034. Institutional shareholders like Vanguard, and Blackrock may contribute to Microsft’s decision to invest in Bitcoin.

Former Celsius CEO Alex Mashinsky pleads guilty to two criminal counts in NY court: reports

Quick Take Alex Mashinsky was arrested in 2023 after prosecutors said he defrauded customers and misled them about Celsius’s profitability. Mashinsky pleaded guilty to two counts, according to reporting from Inner City Press.

Celsius to distribute $127M to creditors soon

Celsius to Distribute $127M to Creditors

Celsius, the troubled crypto company, is back in the news with some good news for its creditors.

Crypto hackers steal $71M in November, bringing yearly total to $1.48B

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Celsius to distribute $127 million in second phase of bankruptcy payouts

Share link:In this post: Celsius Network want to distribute additional $127 million to creditors. Ionic Digital, formerly Celsius Network Mining get new chief legal officer as more board members leave. Majority of crypto bankruptcy victims remain unpaid after two years.

Celsius to Pay $127M to Creditors in Second Payout

Celsius Begins Second Distribution of $127 Million to Eligible Creditors

Bankrupt Crypto Lender Announces Plan To Distribute $127,000,000 in Bitcoin or US Dollars to Creditors

Celsius to distribute $127 million to creditors in second bankruptcy payout

Quick Take The second payout, made in cash or crypto, will distribute roughly 60% of the creditors’ petition date claims. Celsius filed for bankruptcy in 2022 after its $1.2 billion balance sheet gap was revealed. Its CEO, Alex Mashinsky, faces fraud charges and a potential prison sentence of over 100 years.

Celsius to Distribute $127 Million in Second Payout to Creditors

Celsius creditors to receive $127M in second payout from Litigation Recovery Account, with options for BTC or USD based on eligibility.

US Attorney Damian Williams to resign on December 13

US Attorney behind Sam Bankman-Fried case will resign on Dec. 13

Celsius uses NFTs to serve legal notices after court approval

New York Judge Approves Celsius’s Request to Serve Legal Notices Through NFT Airdrops

Entities behind pseudonymous crypto wallets can now be served via NFT airdrops, as the law catches up with technology

US Attorney's Office for the Southern District of New York to pare back crypto-related cases: Reuters

Quick Take The U.S. Attorney’s Office for the Southern District of New York has brought a number of high-profile cases, including against former FTX CEO Sam Bankman-Fried. The news comes a day after President-elect Donald Trump tapped Jay Clayton to lead that office.

Michael Saylor says bitcoin is 'Manifest Destiny' for the US amid Red Wave, with $100K NYE party plans underway

Quick Take Michael Saylor said bitcoin is “Manifest Destiny” in the U.S. amid MicroStrategy’s plans to acquire another $42 billion worth of BTC. Preparations for the long-awaited $100K bitcoin party are also underway, with Saylor expecting it to take place around New Year’s Eve.

Judge denies ex-Celsius CEO’s bid to dismiss fraud, manipulation charges

Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement

Judge Rejects Former Celsius CEO Alex Mashinsky’s Bid to Dismiss Fraud Charges

A judge denied ex-Celsius CEO Alex Mashinsky's bid to dismiss fraud charges, allowing his trial on market manipulation and investor deception to proceed.

Must-watch next week | Trump meets Biden for the first time after winning the election; October CPI data will be released soon (11.11-11.17)

Ripple CEO Celebrates SEC Win, Calls It Start of ‘Crypto Voter’ Movement

Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’

Celsius associated address transferred 2278 ETH to FalconX, worth about 6.07 million USD

Celsius-associated addresses transferred 2,278 ETH to FalconX, worth approximately $6.07 million

Arctic Bitcoin mine to heat Norwegian town using excess energy