Two law firms made over $200M from FTX, Celsius, and other crypto busts
Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.
Results for Crypto, Celsius
41 stories, newest first
Mashinsky charged by DoJ, CFTC, SEC, and FTC year on from Celsius bankruptcy
It's alleged that Mashinsky misrepresented the success of Celsius Network to investors and manipulated the price of its CEL token.
Alex Mashinsky hints Do Kwon and SBF caused Celsius bankruptcy
Celsius founder Alex Mashinsky objects to NYAG blaming him for Celsius' downfall, instead citing circumstances beyond his control.
Celsius to sell crypto platform amid Mashinsky court battle
Celsius has filed court docs against founder Alex Mashinsky alleging millions lost to fraud as it reached a deal to sell its retail platform.
Independent examiner finds Celsius ticks every Ponzi box
A judge-appointed independent investigator has said Celsius used millions of client funds to keep its Ponzi scheme running.
The many misrepresentations of Alex Mashinsky
The NYAG has brought a lawsuit against Alex Mashinsky, formerly of Celsius, alleging fraud and "repeated and persistent illegality."
Investigation finds Celsius ‘Custody’ was ploy to remain relevant
Celsius Custody didn't appropriately segregate or track customers' assets, instead relying on ad-hoc transfers to maintain appearances.
FTX and Tether were closer to Celsius than anyone realized
According to a new investigation, Sam Bankman-Fried, FTX, Alameda Research, and Tether are all closely tied to bankrupt crypto lender Celsius.
Is LEO token manipulating Tether’s balance sheet?
Market chatter is re-circulating regarding possible market manipulation of the Unus Sed Leo token for the benefit of Tether.
JPMorgan’s new crypto policy head was at bankrupt Ponzi Celsius
JPMorgan has appointed former Celsius Network executive Aaron Iovine to be its new executive director of digital assets regulatory policy.