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Celsius

19 stories about Celsius

Crash and burn: Celsius founder Alex Mashinsky arrested, charged with multibillion-dollar fraud

13.07.23|Reuters and CTech

The former CEO of the bankrupt cryptocurrency lender was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - while Celsius' former chief revenue officer, Roni Cohen-Pavon, was charged with four criminal counts

מימין: ליאור לאמש ושחר שמאי, ממייסדי GK8

Israeli platform GK8 escapes Celsius debacle after being acquired by Galaxy Digital

03.12.22|CTech

The Israeli company’s platform provides financial institutions an on-premise end-to-end platform for safekeeping and managing digital assets

סם בנקמן-פרייד סם בנקמן פרייד מייסד בורסת הקריפטו FTX שקרסה

How did some of the world’s largest VCs miss all the warning signs and invest in FTX

22.11.22|Viki Auslender

The promise of easy and fast money attracted the likes of SoftBank, Sequoia, and Tiger Global to FTX and SBF, but they are all now paying the price for investing huge amounts in risky companies that engaged in scandalous leveraged trading

Temperature rising: A glimpse behind management’s door during the Celsius collapse

19.10.22|Viki Auslender

With the fall of the crypto company and the resignation of two of its founders, the problematic behavior of its executives becomes more exposed. A murky picture emerges of a company that doesn’t know how to manage risks or their customers' money, while managers withdrew millions while begging customers not to

Celsius co-founders cashed out over $42 million shortly before collapse

06.10.22|CTech

Former CEO Alex Mashinsky, former CSO Daniel Leon, and CTO Nuke Goldstein withdrew the funds shortly before the crypto lender suspended withdrawals and filed for bankruptcy

CEO of bankrupt crypto lender Celsius steps down

28.09.22|Reuters

"I regret that my continued role as CEO has become an increasing distraction, and I am very sorry about the difficult financial circumstances members of our community are facing," Alex Mashinsky said in a statement

מוסף שבועי 8.9.22 מיכאל שאולוב מנכל פייארבלוק

“So, Celsius collapsed. Lehman also collapsed and the economy didn't stop"

11.09.22|Sophie Shulman

From his perch in the heart of the crypto world, Michael Shaulov, CEO of Fireblocks, looks at the collapse of digital currencies - and is not moved. In an exclusive interview, the man who knows the entire industry personally explains why the "crypto winter" is unfounded hysteria, where the regulator failed in the Celsius affair, and why the U.S. Congress is consulting him on how to fix the industry

Bankrupt Celsius sues ex-money manager over tens of millions in losses

24.08.22|Reuters and CTech

The collapsed crypto lender is accusing Jason Stone and his company KeyFi of "gross negligence" and "extraordinarily inept" crypto investing

Crypto lender Celsius files for bankruptcy

14.07.22|Reuters and CTech

One month after pausing all transfers and withdrawals from its platform, the former unicorn says it now has only $167 million in cash on hand

מייסדי צלזיוס מימין אלכס משינסקי ו דניאל לאון

Crypto lender Celsius is "deeply insolvent", says U.S. state regulator

13.07.22|Reuters and CTech

Celsius has been involved in an unregistered securities offering, selling cryptocurrency interest accounts to retail investors including investors in Vermont, said Vermont's Department of Financial Regulation (DFR). State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating the company's decision to suspend customer redemptions

Crypto lender Celsius sued for being a Ponzi scheme

08.07.22|Reuters and CTech

A former investment manager at the ailing American-Israeli cryptocurrency platform claims it used customer deposits to rig the price of its own crypto token and failed to properly hedge risk

Ailing crypto lender Celsius to lay off a quarter of its employees

03.07.22|Meir Orbach

The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw it pause all withdrawals from its platform three weeks ago

Crypto markets shake-up: Why you should care even if you don’t have Bitcoin

14.06.22|Sophie Shulman

More than $30 billion was invested in crypto companies in 2021. Among the investors are also pension funds, which will absorb a significant portion of the losses of the collapsing companies. But blockchain is here to stay, it’s just a matter of finding the right business model for it

Zero degrees Celsius: What will happen to the assets frozen by the collapsing crypto platform?

13.06.22|Viki Auslender

The Israeli-American crypto company has frozen the assets of its 1.7 million users. How did this happen, is the company exposed to lawsuits, and what are the implications for the entire digital asset market?

Crypto firm Celsius pauses all transfers, withdrawals as markets tumble

13.06.22|Reuters

The American-Israeli cryptocurrency lending firm said it was taking “this necessary action... in order to stabilize liquidity and operations while we take steps to preserve and protect assets"

ועידת Mind The Tech דניאל לאון מייסד שותף ואסטרטג ראשי צלזיוס

Celsius co-founder: "Crypto is the main weapon in the war in Ukraine"

23.03.22|Meir Orbach

Daniel Leon made the remarks at Calcalist's Mind the Tech London 2022 conference. Leon: "A minister in the Ukrainian government published the address of the government's wallet on the web and the result was donations of $100 million"

ועידת ניו יורק 2021 דניאל לאון מייסד שותף וCOO -, צלזיוס

Celsius COO: Give Satoshi Nakamoto a Nobel

19.11.21|CTech

Daniel Leon believes the founder of Bitcoin “brought more economic prosperity to hundreds of thousands of people than most economists in academia”

Crypto powerhouse Celsius acquiring Israeli startup GK8 for $115 million

01.11.21|Meir Orbach

The Israeli company, founded just three years ago, provides financial institutions an on-premise end-to-end platform for safekeeping and managing digital assets

מוסף שבועי 21.10.21 3 דניאל לאון ורוני כהן פבון צלזיוס

Is Celsius the bank of the future or just a $3 billion-pyramid scheme?

25.10.21|Sophie Shulman

After raising $400 million, Israeli-founded Celsius wants to become the respected financial institution of the crypto world