Legal
Celsius founder faces lifetime ban, but can trade his own crypto
Celsius founder Alex Mashinsky faces a permanent crypto industry ban and up to $35 million in conditional payments under a New York settlement.
Liam 'Akiba' Wright 2 min read
Celsius News
Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
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Top Celsius Stories
Bankruptcy
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius estate is targeting 6,360 BTC as the derivatives exchange moves toward its Sept. 23 shutdown.
Bankruptcy
Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut
IOND closed its first session at $62.90, while broker transfers and securities restrictions still shaped practical liquidity.
Latest Celsius News & Analysis
Bankruptcy
Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations
Together, the court-entered orders restrict marketing across deposit, exchange, investment, withdrawal and trading products, including assisted activity.
Legal
Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
Celsius argues Tether's liquidation of 57,000 BTC breached contract terms, potentially impacting $4 billion in assets.
Bankruptcy
Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Customer relief prioritized as Mashinsky exits Celsius bankruptcy claim in wake of fraud conviction.
Legal
Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
The sentencing closes the federal prosecution chapter, but Mashinsky still faces bankruptcy and related civil litigation.
Legal
Celsius Network appeals $2B disparagement claim rejection against FTX
Celsius has filed an appeal challenging procedural shortcomings in pursuit of $444 million claim against FTX.
Bankruptcy
Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%
Former creditors will see disbursements based on Bitcoin’s fluctuating value amid Celsius' distribution efforts.
More Celsius News Headlines
Bankruptcy
Celsius distributes $2.53 billion, some creditors leave funds unclaimed
Legal
Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute
Bankruptcy
Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
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