Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan
The bankrupt lender filed the motion so that it has more time to submit its reorganization plan.
Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily
Judge Martin Glenn said he was “shocked” by the bankrupt lender’s plan to issue the bonuses while withholding information from the public, a move he called “completely unacceptable.”
Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next
After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius took a different path, setting up its own wallets to accept donations. But how much was donated?
After Celsius Customer Data Release, Bankruptcy Judge Agrees to Appoint Privacy Ombudsman
The move comes after court documents released in early October revealed the financial details of hundreds of thousands of Celsius’ customers.
Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
The assets will be sent to a designated Celsius wallet, and will await court orders about how they should be distributed.
JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report
Aaron Iovine, who spent eight months this year as head of policy and regulatory affairs at bankrupt crypto lender Celsius, has been appointed in a newly created role as head of crypto regulatory policy at JPMorgan, according to Bloomberg. "The Hash" hosts weigh in.
JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report
Aaron Iovine spent eight months earlier this year as head of policy and regulatory affairs for crypto lender Celsius
Popular Bitcoin Astrologer’s Star Falls on Twitter Following $30K in Celsius Payments
Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now-bankrupt crypto lender. The influencer says her marketing sponsorship role is no different than doing fashion ads.
OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”
What if Celsius Was Regulated Like a Bank? Here's What OCC's Michael Hsu Says
"The way Celsius was organized is they commingled a lot of different activities," says Acting Comptroller of the Currency Michael Hsu. He discusses the alternative outcome had the crypto lender been regulated like a bank.
