# Celsius

Alex Mashinsky, founder of the now-bankrupt Celsius Network, announced Tuesday that he intends to plead guilty to fraud charges. He pleaded guilty to two charges: one for commodities fraud and another for manipulating the price of the Celsius token. The most serious charge carries a potential...

Defunct crypto lender Celsius crypto lender has announced a second payout of $127 million to its creditors.

Celsius has distributed more than $2.53b to about 251,000 creditors, the bankruptcy administrator said in a report on the disbursements. This distribution accounts for about two-thirds of eligible creditors and roughly 93% in value, a Monday court filing showed. The administrator distributed the...

Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action. A committee-supervised administrator has sent letters to customers who withdrew more than $100,000 each between April...

Disgraced former FTX founder Sam Bankman-Fried appeared in a Manhattan federal court on Wednesday afternoon with a new legal team that also represents former Celsius CEO Alex Mashinsky. Bankman-Fried Makes His First Court Appearance Following High-Profile Trial During the hearing, Bankman-Fried...

Former Celsius Network’s CEO Alex Mashinsky has waived any potential conflicts of interest that may arise from choosing similar legal representation as Sam Bankman-Fried. In a Feb 20 court hearing, Mashinsky told a United States Federal Judge his decision to be represented by Marc Mukasey...

The US government raised concerns about potential conflicts of interest in the ongoing criminal cases of FTX and Celsius Network founders Sam Bankman-Fried and Alex Mashinsky on February 6. The area of concern surrounds the legal representatives handling both cases. In a court filing, the US...