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The Latest Breaking News from CEL

Crypto Lender Celsius Gets Fresh Start After $4.7B Bankruptcy, CEL Token Up 27%

Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day trading gain to 39%, on the heels of a dramatic bankruptcy case

Zenger

'Extremely vulnerable to abuse': Token grants back in the spotlight after former Celsius CEO allegedly pocketed $42 million

Alex Mashinsky was arrested Thursday and hit with seven charges, including wire fraud.

Fortune

Ex-Celsius crypto boss Mashinsky arrested in latest US crackdown

The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was arrested and charged with fraud by US authorities following a probe into the company’s collapse.

Evening Standard

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Celsius report details red flags investors missed

Customers have been trying to claw back $4.7 billion in deposits.

Fortune

Legal Troubles Escalate For Celsius As Court Broadens Scope Of Investigation

A New York bankruptcy judge expanded the scope of the investigation in the Celsius Network (CRYPTO: CEL) bankruptcy case, as the company’s clients demanded an inquiry into the activities of

Benzinga

Crypto Lender Celsius Network Ran A Ponzi Scheme For Years? That's What Bankruptcy Filings Imply

Celsius was insolvent as early as 2019, bankruptcy filings show. Vermont regulators say this suggests yields to existing investors were likely paid with new investors' assets.

Investors Business Daily

Celsius Network Is A Ponzi Scheme, Suggests Vermont Regulator; Slams CEO For 'False' Statements

The Vermont Department of Financial Regulation has outlined a variety of state concerns about unregistered securities offerings and fraud committed by the cryptocurrency firm Celsius Network, suggesting that the compan

Benzinga

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Bankrupt Crypto Lender Celsius Wants To Return $225 Mil To Users

Struggling cryptocurrency lender Celsius Network wants court permission to return digital assets to some users, according to the latest bankruptcy court proceedings. Hoboken, N.J.-based Celsius requested permission to release cryptocurrencies in its custody program and withholding accounts, which are for storage rather than generating returns. Roughly $210 million in assets…

Investors Business Daily

Cheesecake Energy tech – which stores energy in form of high pressure air and heat – secures £3.5m of funding

Money will be used to grow the Cheesecake team, pilot new technology, and build partnerships around the world

Birmingham Post

Another Prominent Crypto Lender Goes Down

Celsius Network was one of the first crypto lenders to prevent its customers from withdrawing their money last month.

The Street

Inside Celsius: how one of crypto’s biggest lenders ground to a halt

Former employees and internal documents suggest a reckless pursuit of high returns put the company in a poor position to ride out this year’s market turbulence

Financial Times

Celsius Denies Claims That CEO Alex Mashinsky Attempted To Flee From The US To This Country

Celsius (CRYPTO: CEL) has denied the reports that its CEO Alex Mashinsky attempted to flee from the United States, but was halted by authorities.

Benzinga

Celebrities whose identities have been used in online scams

Experts warn to look out for fraud using famous names and faces

Wales Online

Rumors Intensify About Financially Troubled Crypto Lender Celsius

The firm has suspended fund withdrawals and other transactions since June 12.

The Street

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Benzinga

Celsius Token Rallies 100% Amid Short Squeeze

Short sellers of the Celsius (CRYPTO: CEL) token saw large-scale liquidations as the token surged on Monday.

The Street

Is One of the Biggest Crypto Lenders on the Brink of Bankruptcy?

Celsius Network has suspended the withdrawals. Nexo, another crypto platform, has just made an offer to buy its assets.

The Street

One of the Biggest Crypto Lenders Freezes Withdrawals

A month after the collapse of the UST and Luna coins, the crypto sphere is in the grip of another big shock.

Benzinga

Celsius Network, NEXO Among Top Crypto Movers In 24H

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

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Benzinga

Bitkub Coin, Celsius Network Among Top Crypto Movers In 24H

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

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