Sam Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
Alex Mashinsky’s jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings.
Celsius’ Bankruptcy Nears End as Creditors Approve Reorganization Plan
Bankrupt crypto lender Celsius’ creditors have voted to approve a plan that would return 67%-85% of holdings back to them.
Celsius creditors vote in favor of reorganization plan
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators
Celsius Network files ‘adversary complaint’ against EquitiesFirst
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.
Ex-Celsius CEO Mashinsky’s Assets Ordered Frozen by Court as DOJ Case Continues
Corporate bank accounts and a Texas property are now untouchable after the executive’s July arrest
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.
Mashinsky’s Arrest, Ripple Ruling, Etc.
I was on vacation for the last week-and-a-half but before I left, I sent a list of things to watch for to my colleagues that in hindsight, was wholly inadequate. Anyway, here’s my effort to catch up.
U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Alex Mashinsky, Attorneys Tell Judge
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.
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.
Celsius Sold Lies to Sell CEL Tokens
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
Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court.
Celsius creditors allege Wintermute facilitated ‘wash trading’: Report
It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently” manipulate trading volumes on the Celsius platform.
Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State
Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.
Celcius reportedly prepping litigation against creditor for leaking internal info
Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.