Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token. Reading time: Reading time 3 minutes ...

Now-defunct crypto lender Celsius used customer funds to purchase and prop up the value of its native token CEL, a new report reveals. Furthermore, the company’s executives, including CEO Alex ...

A month after putting a freeze on account withdrawals, crypto lending firm Celsius Networks, issuer of cryptocurrency Celsius (CRYPTO: CEL), has filed for Chapter 11 bankruptcy protection. It's the ...

An attorney for bankruptcy crypto lender Celsius Network said the company might value its CEL token at 20 cents during the recovery process, down significantly from its current market value of 54 ...

Holders of Celsius’ native token have failed in a bid to argue CEL should be valued at $0.80, the trading price on the day the crypto lender filed for bankruptcy in July 2022, said a judgment issued ...

Bankrupt crypto lending firm Celsius may issue its own token to repay creditors, according to a Jan. 24 report from Bloomberg that cites a video court hearing as the source of its information.

Binance, the world’s largest cryptocurrency exchange by trading volume, and crypto lending platform Celsius are halting transactions in an attempt to stabilize liquidity. The leading cryptocurrency, ...

The Celsius Network’s native token surged by over 300% a month after it initiated a $2.5 billion repayment scheme for more than 250,000 creditors. On Sept. 23, the token’s price hit $0.65, a 300% ...

Short sellers of the Celsius (CRYPTO: CEL) token saw large-scale liquidations as the token surged on Monday. What Happened: According to data from Benzinga Pro, CEL rallied 100% from $0.78 to an intra ...

Celsius proposes in bankruptcy court that it should do a token issue to satisfy debts. If the request is granted, this may be the first time a token issue was used in bankruptcy. Get access to your ...

Celsius Network LLC is considering issuing a new digital-asset token to repay creditors as part of a proposal to reorganize and exit bankruptcy as a regulated crypto platform, the company said in ...