In a major development, Celsius Network has reached a settlement with Tether for $299.5 million, resolving their year-long legal battle regarding Bitcoin liquidations that significantly impacted the cryptocurrency […]
Celsius Secures $299 Million Settlement With Tether
Celsius Network has reached a significant settlement with Tether, resolving their legal battle over Bitcoin liquidation. The agreed-upon amount of $299.5 million represents a substantial decrease from the […]
Celsius & Tether Settle for $299.5 Million: BRIC Facilitates Deal
Celsius Network has settled a long-standing lawsuit against Tether for $299.5 million, ending legal disputes over Tether’s early Bitcoin (BTC) sales that resulted in financial losses for Celsius. […]
Celsius Secures $300 Million Settlement From Tether After Bankruptcy Dispute
In a landmark settlement, cryptocurrency lender Celsius has secured a $300 million compensation from Tether following their 2024 bankruptcy lawsuit. The dispute stemmed from a 2022 agreement where […]
Tether Closes Deals With Celsius, Bringing Clarity to its Bankruptcy Case
Tether has reached a settlement with Celsius Network, resolving the company’s involvement in the ongoing bankruptcy proceedings. CEO Paolo Ardoino confirmed the agreement, offering a clearer picture of […]
Celsius Secures $299 Million Settlement with Tether in Bankruptcy Case
Celsius Network has reached a significant settlement of $299.5 million with Tether, marking the end of its nearly three-year long legal battle stemming from its bankruptcy in 2022. […]
Celsius Secures $299.5M Settlement with Tether in Court Dispute
Celsius Network has reached a significant settlement of $299.5 million with Tether, resolving a major legal dispute stemming from Bitcoin liquidation issues. The agreement comes after a $4.3 […]
Tether Resolves Bankruptcy Claims with Celsius Network for $299 Million
Tether has reached a settlement of $299.5 million to resolve outstanding bankruptcy claims filed against it by Celsius Network. This agreement, announced by BRIC, a joint venture between […]
Alex Mashinsky Sentenced to Prison for Celsius Fraud, Highlighting Growing Crypto Accountability
Former Celsius CEO Alex Mashinsky has been ordered to surrender to federal authorities by 2:00 PM ET. He will be sent to the minimum-security Federal Prison Camp in […]
Alex Mashinsky Begins 12-Year Prison Sentence for False Statements
Former Celsius CEO Alex Mashinsky will begin serving a 12-year prison term this week following his guilty plea to felony charges related to false statements about the company’s […]
Ex-Celsius CEO Sentenced: 15-Year Prison for Crypto Fraud
Alex Mashinsky, former CEO of collapsed cryptocurrency lender Celsius Network, has been sentenced to 15 years in prison after pleading guilty to fraud charges. He is scheduled to […]
Celsius Unlocks $220 Million in Relief for Crypto Investors
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 […]