Holders of Celsius’ native token have failed in a bid to argue CEL should be valued at $0.80, the trading price on the day the crypto lender filed for bankruptcy in July 2022, said a judgment issued ...

Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token. Reading time: Reading time 3 minutes ...

The Celsius Network’s native token surged by over 300% a month after it initiated a $2.5 billion repayment scheme for more than 250,000 creditors. A court filing on Aug. 26 showed that the bankrupt ...

Now-defunct crypto lender Celsius used customer funds to purchase and prop up the value of its native token CEL, a new report reveals. Furthermore, the company’s executives, including CEO Alex ...

Celsius proposes in bankruptcy court that it should do a token issue to satisfy debts. If the request is granted, this may be the first time a token issue was used in bankruptcy. Get access to your ...

An attorney for bankruptcy crypto lender Celsius Network said the company might value its CEL token at 20 cents during the recovery process, down significantly from its current market value of 54 ...

A month after putting a freeze on account withdrawals, crypto lending firm Celsius Networks, issuer of cryptocurrency Celsius (CRYPTO: CEL), has filed for Chapter 11 bankruptcy protection. It's the ...

Bankrupt crypto lending firm Celsius may issue its own token to repay creditors, according to a Jan. 24 report from Bloomberg that cites a video court hearing as the source of its information.