Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius Network LLC. on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars […]
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Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court filingon Thursday, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals last month, citing “extreme” market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market. In the […]
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Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,289, its lowest since December 2020. It has lost around 28% since Friday and more […]
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