Bitcoin24h $96,426.62-2.06%

Ethereum24h $2,689.38-2.80%

XRP24h $2.59-3.07%

BNB24h $655.72+0.21%

Solana24h $172.22-2.22%

Dogecoin24h $0.2443-3.97%

Cardano24h $0.7680-3.99%

TRON24h $0.2381-4.27%

Chainlink24h $17.56-4.39%

Avalanche24h $25.08-0.94%

Blockfolio and Celsius PPP loans forgiven before bankruptcy

Several crypto firms including Alameda Research, Blockfolio, Celsius, and Voyager received PPP loans during the pandemic.

Scammers pose as bankruptcy firm to drain Celsius users’ wallets

Celsius customers are reportedly receiving emails from ‘Stretto Corporate Restructing’ that link to a Seychelles-hosted phishing site.

Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.

It’s alleged that Mashinsky misrepresented the success of Celsius Network to investors and manipulated the price of its CEL token.

Celsius founder Alex Mashinsky objects to NYAG blaming him for Celsius’ downfall, instead citing circumstances beyond his control.