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 3 minutes Before it ...

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 ...

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. A court filing on Aug. 26 showed that the bankrupt ...

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 ...

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 ...

It was suggested that the token could be part of a reorganization that would turn Celsius into a publicly traded, U.S.-regulated company. Bankrupt crypto lending firm Celsius may issue its own token ...

Celsius Network used customer money to prop up the price of its in-house cryptocurrency, a move that helped Chief Executive Alex Mashinsky and other top officials cash out their holdings before the ...

The crypto token Celsius (CRYPTO: CEL), the primary currency of crypto lending platform Celsius Network, is down 15.5% in the last 24-hour period as of 4:30 p.m. ET. The company is in the midst of ...

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 ...

Bankrupt crypto lender Celsius Network’s CEL token jumped to $1.63 on Monday, and is now trading at a higher price than before Celsius encountered financial difficulties and halted user withdrawals.