Celsius reaches $25 million settlement over GK8 sale
Bankrupt crypto lender Celsius has reached a settlement with Series B holders to distribute $25 million from the sale of GK8.
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.
CEL dawdles further as Celsius commences the sale of its altcoins
Following a recently obtained court approval, Celsius has commenced the sale of its altcoin holdings.
Celsius crypto fire sale is starting: $63M out of $160M sent to exchange
Crypto investors holding bags of polygon (MATIC), chainlink (LINK) and aave (AAVE) look out: Celsius’ estate is apparently liquidating $160 million in crypto ahead of user payouts.
Celsius Sends Nearly $60M In Altcoins To Exchange! Is Altcoin Pressure Building Up?
Celsius, the renowned crypto lending platform, has reportedly transferred a staggering $59 million worth of altcoins to an exchange. This significant move has sparked widespread speculation and intrigue, with many…
Celsius Sells Altcoins Worth Over $24 Million After Court Approval
Embattled crypto lender Celsius has started offloading over $24 million of altcoins, including Chainlink (LINK), Synthetix Network (SNX), BNB coin, 1Inch, and 0x Protocol (ZRX), among others.
Celsius sells $23.5 million of tokens days after former CEO was arrest
Celsius Network, which filed for bankruptcy in 2022, is selling its crypto holdings as the broader market recovers. Roughly $23.5 million of tokens sold
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission…
Everything that’s happened with Celsius and Alex Mashinsky so far
A look back at the rise and fall of Celsius, starting with the firm’s growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators.
