Celsius Initiates Asset Distribution as FTX Repayment Plan Gains Approval
Celsius distributes $3B to creditors; FTX's $7B repayment plan approved. Challenges persist in crypto insolvency resolutions.
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FTX and Celsius Link to Be Investigated in Curcio Hearing
09/02/2024 05:05
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FTX and Celsius Navigate Troubled Waters Post-Bankruptcy
Cryptocurrency heavyweights like FTX and Celsius navigate post-bankruptcy challenges, with legal battles and regulatory scrutiny. Meanwhile, Voyager faces settlement fallout, while BlockFi stages a remarkable comeback. Genesis and Core Scientific grapple with complex legal issues. The crypto industry's financial drama unfolds with uncertainties, resembling a high-stakes poker game.
SanyaCelsius moves $59.4 million in altcoins to potentially sell for BTC, ETH
Troubled crypto lender Celsius moved over $59 million worth of LINK, MATIC, SNX AAVE and other altcoins to a FalconX address. The move marks the second time this month that Celsius appears to have prepared a large swathe of altcoins to be transferred into BTC and ETH.
TheBlockCelsius prepares to reopen partial withdrawals for eligible users
Eligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.
CryptoSlateCelsius former CEO wallet dumps $480k in CEL token selloff
A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
CryptoSlateCoinbase CEO Rejects FTX ‘Accounting Error’
Coinbase Chief Executive Brian Armstrong on Saturday condemned Sam Bankman-Fried’s account of how FTX found itself in an $8 billion hole.
decrypt[Feature] FTX and Alameda: The New Celsius?
Was FTX and Alameda embroiled in a "FlyWheel Scheme"? We investigate their tokenomics further to find out more.
DarrenCelsius Sends $320M in Crypto to FTX, Suspends User Withdrawals
In addition to suspending user withdrawals, Celsius also moved more than $250 million in funds from Aave to the FTX exchange for reasons that have yet to be clarified.
CointelegraphCelsius Moves $529M Worth of wBTC to FTX Exchange: Should We Be Worried?
The crypto community is concerned that the transfer could result in more than $500 million in Bitcoin flowing into the market.
CointelegraphBTC and ETH will break all-time highs in 2022 — Celsius CEO
Celsius Network CEO Alex Mashinsky shared his insights on the Bitcoin and Ether markets at Paris Blockchain Week Summit.
Cointelegraph