Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token. Reading time 3 minutes Before it ...

Holders of Celsius’ native token have failed in a bid to argue CEL should be valued at $0.80, the trading price on the day the crypto lender filed for bankruptcy in July 2022, said a judgment issued ...

The Celsius Network’s native token surged by over 300% a month after it initiated a $2.5 billion repayment scheme for more than 250,000 creditors. A court filing on Aug. 26 showed that the bankrupt ...

Now-defunct crypto lender Celsius used customer funds to purchase and prop up the value of its native token CEL, a new report reveals. Furthermore, the company’s executives, including CEO Alex ...

Celsius Network used customer money to prop up the price of its in-house cryptocurrency, a move that helped Chief Executive Alex Mashinsky and other top officials cash out their holdings before the ...

Gala (GALA), the native token of the gaming blockchain Gala Games, rose slightly as the crypto held onto gains after a positive flip for the top coins. Elsewhere, Celsius (CEL) traded lower after ...

It was suggested that the token could be part of a reorganization that would turn Celsius into a publicly traded, U.S.-regulated company. Bankrupt crypto lending firm Celsius may issue its own token ...

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token while two of its founders made millions of dollars from ...