Ionic Digital (IOND), the bitcoin miner formed out of Celsius Network’s bankruptcy, rose 26% on its Nasdaq debut, valuing the company at …
Celsius
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Scams
CFTC Hits Celsius Crypto Fraudster Alex Mashinsky With Permanent Trading Ban
by shayaanby shayaanIn brief Celsius founder Alex Mashinsky was banned from trading markets regulated by the CFTC. Mashinsky was imprisoned for 12 years after …
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Smart Contracts
Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated
by shayaanby shayaanIn short Celsius founder Alex Mashinsky has filed a motion to vacate his 12-year prison sentence. The former CEO of crypto lending …
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Celsius founder Alexander Mashinsky agreed to a US Federal Trade Commission (FTC) settlement that permanently bars him from promoting asset-related products and …
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Regulation
Former Celsius CEO Alex Mashinsky Asks for Trial to Be Postponed Till May 8
by shayaanby shayaanFormer Celsius CEO Alex Mashinsky has asked to postpone the trial till May 8, however, the Attorney’s Office has not agreed yet. …
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This is a segment from the Empire newsletter. To read full editions, subscribe. The crypto credit market hasn’t quite recovered since 2022, …
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Regulation
Celsius Network appeals $2B disparagement claim rejection against FTX
by shayaanby shayaanCelsius Network filed a notice of appeal on Dec. 31, contesting Judge John Dorsey’s decision to disallow the bankrupt crypto lender’s $2 …
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Regulation
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy
by shayaanby shayaanAlex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney …
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Markets
Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud
by shayaanby shayaanAlex Mashinsky, the founder and one-time CEO of bankrupt crypto lending platform Celsius Network, pleaded guilty to two counts of fraud on …
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Finance
Celsius begins second distribution of $127 million to eligible creditors
by shayaanby shayaanKey Takeaways Celsius Network’s second distribution of $127 million raises recovery rate to 60.4% for creditors. Creditors will receive Bitcoin valued at …