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3232Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
https://www.digit.info/report-celsius-ceo-accused-of-controlling-crypto-companys-trading-scheme-and-placing-bad-bets/
Tue, 16 Aug 2022 22:30:33 +0000https://www.digit.info/2022/08/16/report-celsius-ceo-accused-of-controlling-crypto-companys-trading-scheme-and-placing-bad-bets/Read more]]>According 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 […]
]]>Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
https://www.digit.info/celsius-files-for-bankruptcy-regulator-says-the-crypto-lender-is-deeply-insolvent/
Thu, 14 Jul 2022 11:30:04 +0000https://www.digit.info/2022/07/14/celsius-files-for-bankruptcy-regulator-says-the-crypto-lender-is-deeply-insolvent/Read more]]>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 […]
According 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 […]
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 […]