Former Celsius CEO Alex Mashinsky reportedly arrested
US SEC filed a lawsuit against banktupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. Go to Source Powered by WPeMatico
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US SEC filed a lawsuit against banktupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. Go to Source Powered by WPeMatico
Last week, a separate U.S regulator, the CFTC reportedly found that Celsius and Alex Mashinsky broke several regulations before the collapse in 2022. Go to Source Powered by WPeMatico
Celsius aims to claw back 40 million MATIC, 66,000 DOT, 25,000 staked native ETH and 35,000 ETH from liquid staking platform StakeHound. Go to Source Powered by WPeMatico
Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt. Go to Source Powered by WPeMatico
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court. Go to Source Powered by WPeMatico
The liquidations will pave the way for the distribution of the funds to creditors in the near future. Go to Source Powered by WPeMatico
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital. Go to Source Powered by WPeMatico
The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its assets. Go to Source Powered by WPeMatico
The Arrington Capital-backed consortium outbid NovaWulf to acquire Celsius Network’s assets, while the Blockchain Recovery Investment Consortium serves as a backup bid. Go to Source Powered by WPeMatico
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default. Go to Source Powered by WPeMatico