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Tag: CEL token

Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Celsius Network burned its CEL holdings, representing the majority of the token supply, on April 30.Etherscan indicates the company burned 652.2 million CEL by...

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Former Celsius CEO Alex Mashinsky’s Assets Frozen

The assets of former Celsius CEO Alex Mashinsky have been ordered frozen by the court as he faces mounting legal battles related to the collapse of...

No surprise as Singapore, Thailand step up crypto regulation

In this issueCrypto regulation: Singapore, Thailand tighten measuresForkast 500 NFT Index: Seemingly no end to declinesVoyager: Shrinking portfolioFrom the Editor’s DeskDear Reader,Regulatory developments in...

CFTC Concludes Former Celsius CEO Mashinsky Broke Rules Before Firm’s Collapse: Report

If the majority of CFTC commissioners agree with the investigation’s conclusion, the regulator could file a case against Celsius in federal court before...

Wintermute Dragged into Celsius Debacle, Wash Trading Scandal – Investor Bites

SNEAK PEEK Wintermute faces lawsuit for alleged involvement in Celsius’s fraud. Wash trading accusations intensify fallout from Celsius’s collapse. Wintermute remains resilient amidst crypto...

Celsius Retail Users Who Withdrew below $100k Are Safe From Clawback

Retail users who took below $100k and agreed to the plan will not face a clawback. In contrast, retail users who took $100k to...

Why the Celsius Examiner Report Shows ‘a Complete Disaster in Almost Every Way’ – Ep. 451

February 3, 2023by Laura Shin Following the release of Celsius’ examiner report, Kadhim Shubber, an investigative reporter at The Financial Times, dives into the...

7 Revelations From Celsius’ Examiner Report

The final examiner’s report on Celsius’s bankruptcy proceedings is a 476-page report that details how the firm’s operations were akin to a Ponzi scheme....

Celsius’ Independent Examiner Reveals Astonishing Facts About Internal Discrepancies

Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by...

Celsius Was Using QuickBooks for Its Accounting—Just Like FTX

Bankrupt crypto lender Celsius used Quickbooks to keep track of its finances, a court-appointed examiner wrote in a report released Tuesday.That made it especially...

CeFi Rekt Was the Main Event in Crypto’s Annus Horribilis

FTX, Celsius, 3AC Left a Trail of Wreckage in Centralized Finance Crypto has been a bloodbath this year: total market cap down more than 66%,...

CEL Crashed 50% After Celsius Filed For Bankruptcy: Report

CEL crashed 50% after Celsius filed for bankruptcy and their decision will help the restructuring process, according to the company executives so let’s read...

Celsius (CEL) Price Scorches To 130% Rally Despite Frozen Network Accounts

The native cryptocurrency of Celsius Network – CEL –  has surged over 130 percent in the past 24 hours. The surge occurred as a result...

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