Finance

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

Ex-Celsius CEO Alex Mashinsky's Bail Set at $40M, Travel Restricted

The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Policy

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

That includes customer recoveries, the company said Thursday.

Fahrenheit won the auction for bankrupt crypto lender Celsius (Pixabay)

Markets

Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens

The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.

(Arkham Intelligence)

Videos

Ripple Scores Partial Victory in SEC Court Fight Over XRP; Ex-Celsius CEO Alex Mashinsky Is Arrested

“CoinDesk Daily” host Jennifer Sanasie breaks down an eventful day for the crypto industry, as Alex Mashinsky, former CEO of the insolvent crypto lender Celsius, is arrested and accused of orchestrating a "years long scheme to mislead customers" by the Department of Justice. Plus, Ripple’s XRP token rallies over 50% after a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts.

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Videos

Former Celsius CEO Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender

Alex Mashinsky, co-founder and former CEO of insolvent crypto lender Celsius, was arrested in New York on Thursday following an investigation into the company's collapse, according to the U.S. Department of Justice (DOJ). "The Hash" breaks down the latest developments, as the U.S. Department of Justice has accused Mashinsky of orchestrating a "years long scheme to mislead customers."

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Videos

Former SEC Enforcement Branch Chief Weighs in on Legal Battles Against Celsius, Coinbase

Former SEC enforcement branch chief and Bragança Law attorney Lisa Bragança discusses the latest developments for U.S. crypto regulation as the regulator takes aim at Celsius and Coinbase. Crypto exchange Coinbase and the SEC are meeting in court for the first time since the federal regulator charged Coinbase with breaching federal securities law in June. Separately, the SEC is suing insolvent crypto lender Celsius Network and former CEO Alex Mashinsky.

Recent Videos

Policy

Celsius Network’s Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender

The U.S. Department of Justice has accused the former CEO of Celsius of orchestrating a "years long scheme to mislead customers."

Alex Mashinsky (CoinDesk)

Policy

Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens

StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back.

Alex Mashinsky (CoinDesk)