Celsius Changes Legal Team, Pays Off $20 Million Part of Aave Debt
Celsius is still paying off its debts to decentralized finance (DeFi) lending protocols. It just sent 20 million USDC to Aave to settle its debt to them. Celsius has hired Kirkland & Ellis LLP lawyers to advise on its restructuring alternatives – the same company that supported Voyager Digital with its bankruptcy filing last week. […]
Celsius transfers WBTC worth $529M to FTX exchange
The cryptocurrency industry is worried that the transfer of the wBTC might result in the dump of more than $500 million worth of Bitcoin. Concerns have been raised by some in the community regarding the possibility of a dump when troubled loan provider Celsius transferred nearly 25,000 Wrapped Bitcoin (wBTC) valued at $528.9 million to […]
Shocking fraud claims as KeyFi sues Celsius in court
In the complaint filed by KeyFi Inc., Celsius is accused of breaching a multi-million dollar profit-sharing agreement after successfully implementing multiple staking and DeFi tactics for the company. KeyFi Inc., a staking software and investment company has filed a complaint against struggling cryptocurrency lender Celsius, alleging that the business has been conducting business in a […]
Celsius disputes claim that Alex Mashinsky tried to leave US
According to the company, Celsius CEO Alex Mashinsky has remained to work on restoring liquidity and operations rather than trying to flee. According to the company, struggling cryptocurrency lending startup Celsius is doing everything it can to restore operations alongside CEO Alex Mashinsky, who is now based in the United States. A spokeswoman for Celsius […]
Goldman Sachs Plans To Purchase Celsius Assets For $2 Billion
The investment bank Goldman Sachs looks set to acquire Celsius assets for $2 billion although the move is still unclear Goldman Sachs Makes Plan To Purchase Celsius Assets It is obvious that the cryptocurrency lender is in a terrible moment as significant liquidations continue on the Celsius network platform. According to numerous sources, investment banking […]