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 ...

An attorney for bankruptcy crypto lender Celsius Network said the company might value its CEL token at 20 cents during the recovery process, down significantly from its current market value of 54 ...

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 ...

Alex Mashinsky pushed Celsius into increasingly risky loans in a bid to maintain high rewards, the filing argues. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Celsius, the bankrupt ...

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 ...

Celsius is considering issuing a crypto token to repay creditors, the company said in a bankruptcy court hearing. The move would be part of the lender's reorganization plan to exit bankruptcy. Lawyers ...

Gala (GALA), the native token of the gaming blockchain Gala Games, rose slightly as the crypto held onto gains after a positive flip for the top coins. Elsewhere, Celsius (CEL) traded lower after ...