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The Latest Breaking News from Celsius

How the Celsius CEO turned a cult-favorite energy drink into a stock-market lightning rod with 6,000% growth

Celsius had 8 employees when John Fieldly took the reins. Now, it's nearing 800.

Fortune

Down 37% from Highs, Should You Buy the Dip in This Growth Stock?

This growth stock was on a major bull run before some troubling market share data sparked a sell-off. With analysts still crowded into the 'Strong Buy' camp, should you scoop up shares of this standout performer on the dip?

Barchart

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

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Monster Beverage vs. Celsius Holdings: Which Growth Stock Is a Better Buy?

While both Monster Beverage and Celsius Holdings seem well-poised to capitalize on the booming beverage market, which of the two growth stocks is a better buy?

Barchart

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

The Guardian - US

Up 63% YTD, Will Celsius Stock Continue to Soar?

Celsius Holdings stock has delivered bigger long-term returns than AI giants like Nvidia and SMCI, but can CELH continue its bull run - or will this former penny stock standout start to slow down?

Barchart

SBF Says He's Sticking With New Lawyers Through Sentencing Despite Possible Conflicts

SBF said he was aware of potential conflicts of interest in hiring a lawyer who also represented the founder of another collapsed crypto firm that FTX has had business interactions with.

International Business Times

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Ferrari to carry new energy drink F1 sponsor into Hamilton era

The US-based company had a low-key arrangement with the team last season that covered the three American races in Miami, Austin and Las Vegas.

Autosport

Ex-Celsius CEO Fights To Dismiss Charges; Legal Team Reportedly Abandons Ship Over Non-Payment?

Aside from his indictments, Mashinsky is allegedly losing the Yankwitt LLP law firm in his defense team after it reportedly applied to withdraw its representation because of the crypto executive's alleged "deliberate disregard" to pay.

International Business Times

Bankrupt FTX And Celsius Move Multi-Million Dollars In ETH To Various Exchanges

The latest movements of ETH stashes by Celsius and FTX underscore the strategic reactions of both crypto businesses to the positive movement of the market.

International Business Times

Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending

The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach.

Fortune

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

Celsius to exit bankruptcy in early 2024 and give back some $2 billion to customers

The company filed for bankruptcy in July 2022.

Fortune

How Matt Damon and a fairytale sent The O.C.’s Ben McKenzie down the crypto rabbit hole

EXCLUSIVE: Actor-turned-investigative journalist Ben McKenzie tells Bevan Hurley that cryptocurrency is one giant scam fuelled by greed, manipulation and many of his fellow Hollywood stars

The Independent UK

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Fortune

'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.

The Independent UK

Founder of failed crypto lending platform Celsius Network arrested on fraud charges

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has been arrested on federal fraud charges alleging that he schemed to defraud customers by misleading them about key aspects of the business

Fortune

DOJ charges former Celsius CEO Alex Mashinksy with fraud as multiple federal agencies sue bankrupt crypto lender

The crypto lender that became popular for its double-digit yields filed for bankruptcy last year.

Evening Standard

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.

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news in one place.

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Fortune

The 'crypto canary in the coalmine' that regulators totally missed.

Cred came before FTX, Celsius, and the current gallery of crypto rogues. It offered valuable lessons—if only someone had paid attention to them.

Fortune

Crypto lender Cred collapsed in 2020 after pulling in $135 million from customers. Its shady dealings foreshadowed FTX’s downfall—but regulators didn’t notice

Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.

Sports Illustrated

ONE Championship’s Stamp Fairtex Hungry to Become Three-Sport World Champion

‘I won’t stop until I get it.’

The Conversation

The shift from grammar schools to comprehensives had little effect on social mobility in England

Research shows that in the past 50 years, social class mobility – how a person’s occupation, social class or income compares with that of their parents – has either increased or stayed static in the UK.

Fortune

Celsius turns to Fahrenheit to oversee bankruptcy exit

Fahrenheit won the bid after venture capital firm NovaWulf initially was named the winner of the auction in mid-April.

The Guardian - US

John Oliver on cryptocurrencies: ‘This is all still a casino’

Last Week Tonight host examines the volatility and risks of cryptocurrencies through the collapses of Terra, Celsius and FTX

Fortune

Celsius auction set for Tuesday, Coinbase and Gemini join bidding for bankrupt firm

The sale of Celsius—the crypto lender that was seeking a valuation of over $7 billion when it collapsed last June—took a number of twists this weekend as a bankruptcy filing revealed that two new consortiums will take part in a three-way auction for the company that is set for this…

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