Celsius network | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026

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DOJ Demands 20-Year Sentence for Celsius CEO Alex Mashinsky Over ‘Deliberate’ Fraud

The DOJ is seeking a 20-year prison sentence for Alex Mashinsky, the former CEO of bankrupt crypto lending platform Celsius.

, by Amin Ayan

Bitcoin News

Celsius Emerges from Bankruptcy and will Distribute $3B to Creditors

Celsius Network has emerged from bankruptcy and is planning to pay over $3 billion of cryptocurrency and fiat to its creditors.

, by Tanzeel Akhtar

Altcoin News

Major Crypto Moves: Celsius Shifts $125M ETH as FTX and Alameda Adjust Holdings

Celsius has transferred over $125 million worth of Ether to various cryptocurrency exchanges as part of its plan to initiate repayments to its creditors.

, by Ruholamin Haqshanas

Celsius Targets Withdrawals Made 90 Days Before Bankruptcy for Repayment

The bankrupt crypto lender Celsius Network has notified its creditors that customers who made substantial withdrawals in the 90 days leading up to the bankruptcy declaration may need to return a portion of the funds or face legal consequences. According to a notice published by Celsius...

, by Fredrik Vold

Celsius Network Announces Unstaking of Ethereum Holdings to Facilitate Distribution to Creditors

Now-defunct cryptocurrency lender Celsius Network has revealed plans to unstake its Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. In a recent announcement made on X, Celsius Network shared that it intends to carry out a "significant" unstaking event...

, by Ruholamin Haqshanas

US Bankruptcy Court Approves $225M ‘MiningCo Transaction’ for Celsius, Prevents Securities Ruling in Chapter 11 Proceedings

Bankrupt cryptocurrency lending company Celsius Network has achieved a significant milestone in its Chapter 11 bankruptcy proceedings. The United States Bankruptcy Court for the Southern District of New York has granted approval for Celsius Network's proposed "MiningCo Transaction" within the...

, by Hassan Shittu

Today in Crypto: Mining BTC For Free, Bitdeer is Preferred CSP in NVIDIA Partner Network, Gucci in The Sandbox

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report by BlocksBridge Consulting. It...

, by Sead Fadilpašić

Former Celsius CEO Alex Mashinsky’s Criminal Trial Set for September 2024

Former Celsius Network CEO Alex Mashinsky is set to face a criminal trial beginning on September 17, 2024.The trial schedule was confirmed during an October 3 hearing held in the United States District Court for the Southern District of New York, presided over by Judge John Koeltl. In the...

, by Jai Pratap

Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

During an October 2 hearing regarding the approval of its reorganization plan, the bankrupt crypto lender, Celsius Network, informed a judge of its intention to initiate repayments to its customers by the end of the year.As per a report by Bloomberg, Celsius' recovery strategy involves...

, by Hassan Shittu

SEC Opposes Celsius Plan to Use Coinbase as Distribution Agent for International Customers

On Monday, September 25, the United States Securities and Exchange Commission (SEC) opposed the crypto firm Celsius Network's proposal to involve Coinbase as part of its bankruptcy and reorganization plan.Last week, in the Friday lawsuit, Celsius stated its plans to use Coinbase to distribute...

, by Hassan Shittu

US DOJ Seeks 6-8 Weeks to Process Evidence in Alex Mashinsky’s Crypto Fraud Case

The US Department of Justice (DOJ) has requested six to eight weeks to gather evidence for its case against Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius. In a court filing on Tuesday, Judge John G. Koeltl announced that the next conference for the case will take...

, by Ruholamin Haqshanas

Celsius Liquidates $25 Million In Altcoins After Court’s Approval To Move Funds

Bankrupt crypto lender Celsius has liquidated nearly $25 million in different altcoins after a US court approved the firm to convert altcoins to BTC and ETH earlier this month. Celsius Network liquidated several altcoins worth nearly $25 million, including Chainlink (LINK), BNB coin, Synthetix...

, by Jai Pratap

Celsius Network’s Alex Mashinsky Arrested as U.S. Authorities Sue Bankrupt Crypto Lender

The former CEO of bankrupt crypto lender Celsius Network Ltd., Alex Mashinsky, has been charged with fraud by the U.S. Department of Justice (DoJ) and sued by three regulatory agencies over the company's collapse.Apart from the DoJ, Celsius and Mashinsky are also facing a barrage of lawsuits and...

, by Hassan Shittu

CFTC Finds Celsius Network and Its Ex-CEO Guilty of Breaking Rules

Commodity Futures Trading Commission (CFTC) investigators have ruled that crypto lender Celsius Network and its former CEO Alex Mashinsky violated US rules before the company collapsed. The findings suggest that Celsius misled investors and failed to register with the...

, by Ruholamin Haqshanas

Celsius Network’s $800 Million Ether Staking Strategy Change Stretches Ethereum Validator Queue – Here’s What You Need to Know

Now-defunct crypto lender Celsius Network has caused a stir with changes in its ETH staking strategy, exacerbating the already elongated queue to activate new validators on the Ethereum network. Over a period of two days, Celsius transferred ETH into staking contracts after redeeming nearly...

, by Ruholamin Haqshanas

Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy

Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company.Fahrenheit, which consists of a group of crypto firms, was selected as the winning bid on Thursday morning, according to a press...

, by Sarah Wynn

Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner Exchange, Bitpanda Joins Hands with Coinbase

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Investment news Crypto consortium Fahrenheit is the winning bidder in the acquisition of the insolvent lender Celsius Network....

, by Sead Fadilpašić

Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street

The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...

, by Fredrik Vold

Bankrupt Celsius Network Channels $75 Million of Ether to Figment Staking Service – What’s Going On?

The bankrupt crypto lender Celsius Network has staked close to $75 million worth of ETH via the staking service Figment, on-chain data has revealed.The massive transfer from Celsius to Figment was made via fourteen separate transactions made between May 10 and 12, and totaled some 40,928 ETH or...

, by Fredrik Vold

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# Celsius Network

All #Celsius Network

DOJ Demands 20-Year Sentence for Celsius CEO Alex Mashinsky Over ‘Deliberate’ Fraud

Celsius Emerges from Bankruptcy and will Distribute $3B to Creditors

Major Crypto Moves: Celsius Shifts $125M ETH as FTX and Alameda Adjust Holdings

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