Alex Mashinsky, former Celsius CEO, has agreed to forfeit all claims to the bankrupt crypto lender's assets, allowing for additional creditor distributions. The agreement, filed in the U.S. Bankruptcy ...

Celsius Resources announced on Tuesday that it has received the first loan drawdown from its funding agreement with Mahalika ...

The Celsius transaction, as well as a financing launched on Wednesday to support Apax Partners’ purchase of US accounting firm CohnReznick, were a welcome change for leveraged loan investors who have ...

The program’s impact became evident when Ledn successfully refinanced nearly two-thirds of the eligible Celsius loan book, providing a lifeline to clients who might otherwise have been forced to ...

The stablecoin company had extended loans worth around $800 million to Celsius; Mashinksy was asking for further assistance. The pair agreed to speak at 9 am the following morning. But all the ...

Celsius was a platform that allowed its customers to earn returns on their crypto assets in the form of weekly payments, take out loans secured by their crypto assets and custody their crypto ...

In reality, Celsius made millions of dollars in loans that were not backed by any collateral, according to the S.E.C. In its complaint, the S.E.C. said Mr. Mashinsky and others at the firm ...

Fahrenheit, led by Arrington Capital and US Bitcoin Corp, will take control of Celsius's institutional loan portfolio, staked cryptocurrencies, mining unit, and alternative investments.

Here’s what the report found: Celsius took out a $1.8 billion tether-denominated loan in May 2021 posting $2.6 billion in crypto as collateral. The balance of Tether's loan to Celsius fell to $1 ...

James alleges that Mashinsky touted Celsius as safer than a bank, and said he would generate high returns by making low-risk collateralized loans to established institutions and crypto exchanges ...