Celsius Network has initiated the latest payment of $220.6 million to its creditors, marking a significant milestone in their restructuring process following the firm’s collapse in 2022. The […]
Celsius Begins Third Repayment Round to Creditors, Distributing $220 Million
Celsius Network has initiated its third distribution of funds to creditors, aiming for a total recovery rate of 67–85%. This latest round represents a sum of $220.6 million […]
Celsius’s Third Distribution: $220.6 Million Brings Relief to Creditors
The crypto community has been anxiously watching the recovery efforts of bankrupt lender Celsius, and now there’s a significant development that offers a ray of hope for affected […]
Celsius Begins Third Payment Distribution, Aiming for Full Creditor Recovery
Celsius, a defunct cryptocurrency lending platform currently undergoing a court-approved reorganization process, has announced the commencement of its third funds distribution to creditors. As part of the plan […]
Celsius Founder Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for engaging in large-scale crypto fraud. This conviction has led to the freezing […]
Ex-Celsius CEO Alex Mashinsky Receives 12-Year Prison Sentence for Fraud
Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a fraudulent scheme that targeted investors and manipulated the cryptocurrency market. […]
Celsius Founder Sentenced to 12 Years for Crypto Fraud
Alex Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison for fraud charges related to the company’s collapse. His actions led to […]
Alex Mashinsky Sentenced to 12 Years for Stealing $48 Million from Customers
Celsius founder Alex Mashinsky has been sentenced to 12 years in prison for mismanaging customer funds, stemming from the company’s bankruptcy. The disgraced founder is accused of stealing […]
Alex Mashinsky Sentenced to 12 Years in Jail Over Celsius Defraud
Ex-CEO Alex Mashinsky has been sentenced to 12 years in prison for defrauding thousands of customers with Celsius Network, a prominent crypto lender. The U.S. District Judge John […]
Alex Mashinsky Sentenced: 12 Years for Crypto Fraud at Celsius
Celsius founder Alex Mashinsky has been sentenced to 12 years in prison for orchestrating a cryptocurrency fraud scheme, according to reports from Foresight News. The sentence, involving two […]
Alex Mashinsky Sentenced to 12 Years for Crypto Fraud, Celsius Restructuring Continues
Celsius founder and former CEO Alex Mashinsky has been sentenced to a 12-year prison term for misleading investors about the company’s operations. Mashinsky had pleaded guilty to two […]
Alex Mashinsky Sentenced to 12 Years for Celsius Fraud: Landmark Case Sets Precedent
Former CEO of Celsius Network, Alex Mashinsky, was sentenced to 12 years in prison on May 8, 2025, for orchestrating fraudulent activities that led to the company’s collapse […]
Judge Grants Alex Mashinsky Permission to Travel for Daughter’s Wedding Ahead of Sentencing
A U.S. federal judge has granted permission for former Celsius Network CEO Alex Mashinsky to travel from New York to Memphis, Tennessee, between May 26 and May 29 […]
Alex Mashinsky Granted Permission to Travel for Daughter’s Wedding
Former Celsius CEO Alex Mashinsky will likely be allowed to travel for his daughter’s wedding on May 26-29, pending the outcome of his sentencing hearing on May 8th. […]
Alex Mashinsky Challenges 20-Year Sentence in Celsius Case
Alex Mashinsky, founder and former CEO of the defunct crypto lender Celsius, is fighting a proposed 20-year prison sentence recommended by the U.S. Department of Justice (DOJ). The […]