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FTX readies bid as Celsius goes up for sale

Celsius has filed to accept bids on its assets while FTX has been actively seeking targets for acquisition during the latest bear market.

Chief exec Alex Mashinsky resigns from Celsius Network

Alex Mashinsky has resigned as chief executive officer of Celsius Network amid troubling accusations and bankruptcy hearings.

A US judge has approved an examiner to probe concerning allegations that Celsius was insolvent as early as 2019.

A court filing also claims Celsius may have been insolvent as early as 2019 and that its operation bears all the hallmarks of a Ponzi scheme.