Celsius

A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.

Celsius creditors said the case must proceed toward a resolution as it has been around eight months since the firm paused withdrawals.

The crypto lender emphasized that eligible users must update their accounts with certain information before any withdrawals can be processed.

Celsius' examiner report claimed Tether had over $2 billion Celsius exposure and was an "existential threat" to the lender's financial health.

Bank to the Future CEO Simon Dixon has confirmed that his company submitted a bidding proposal for Celsius assets.

Senator Warren said that the crypto industry is 'scared' of a strong SEC and is, therefore, spending millions lobbying to escape oversight.

The company's plans must still be approved by courts and creditors.

The New York attorney general has filed a lawsuit against Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors.