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Celsius Repays Compound Finance $10m Worth of DAI

Celsius Repays Compound Finance $10m Worth of DAI

Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI algorithmic stablecoin, according to a report from Crypto Briefing.

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million

According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.

US Prosecutors Seek Leniency for Ex-Celsius Exec Roni Cohen-Pavon

US Prosecutors Seek Leniency for Ex-Celsius Exec Roni Cohen-Pavon

Roni Cohen-Pavon, ex-Celsius CRO, faces sentencing after aiding prosecutors in Alex Mashinsky's fraud case. Here's the latest.

Celsius, SBF Legal Drama Heat Up as US Tightens Crypto Oversight

Celsius, SBF Legal Drama Heat Up as US Tightens Crypto Oversight

Key updates: Alex Mashinsky to represent himself, US seeks $10M from SBF, Washington bans crypto kiosks. Legal pressures mount for crypto.

US Seeks $1M Forfeiture from Ex-Celsius Exec Roni Cohen-Pavon

US Seeks $1M Forfeiture from Ex-Celsius Exec Roni Cohen-Pavon

Roni Cohen-Pavon, ex-Celsius CRO, faces $1M forfeiture tied to fraud before sentencing, following his guilty plea in 2023.

Ex-Celsius Exec Roni Cohen-Pavon Sentenced for CEL Fraud

Ex-Celsius Exec Roni Cohen-Pavon Sentenced for CEL Fraud

Former Celsius CRO Roni Cohen-Pavon sentenced to time served for CEL token manipulation and fraud. Market implications for CEL remain minimal.

Ex-Celsius CEO Mashinsky Seeks to Overturn 12-Year Fraud Sentence

Ex-Celsius CEO Mashinsky Seeks to Overturn 12-Year Fraud Sentence

Alex Mashinsky, ex-CEO of Celsius, files motion to vacate his 12-year sentence, citing ineffective counsel and evidence concerns.

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors

In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.

Neutral Third Party to Examine Celsius' Finances

Neutral Third Party to Examine Celsius' Finances

A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator

Vermont's Department of Financial Regulation also said that Celsius Network is also not honouring its obligations to customers and creditors as it does not have the assets and liquidity to do so.

Celsius Crypto Lender's Bankruptcy: Large Withdrawals Clawbacks

Celsius Crypto Lender's Bankruptcy: Large Withdrawals Clawbacks

Celsius Network is imposing bankruptcy proceedings on account holders with $100,000 or more liabilities, and is taking legal action against those who withdrew large amounts pre-bankruptcy.

BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange

BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange

Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.

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