And in what appears to be a separate move, Celsius transferred its known stETH holdings – some 416,000 tokens, or $418 million of worth – to another, unlabeled wallet, a transaction history shows.

Recommended Videos Celsius declared bankruptcy in 2022, exposing risky financial bets Mashinsky had made with some of the $20 billion that thousands of customers poured into the company.

Nearly 70% of creditors awaiting funds from the bankrupt crypto lender Celsius have received payment, the company said in a new status report this week. The total amount returned by the crypto ...

A pseudobank that touted returns of as much as 18.6% on customers’ crypto deposits, Celsius was one of the first big crypto companies to topple into bankruptcy after a downturn in the digital ...

deposit cryptocurrencies in the Celsius wallet, apply for dollar loans with cryptocurrencies as collateral, and pay discounted interest on these loans.

Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding hundreds of thousands of customers lured by his firm’s high interest ...