Celsius denied investing in perpetual swaps. “Our business is to lend out coins to institutions,” Mashinsky said in an email to CoinDesk. “Celsius lends mostly to large institutions and ...

Collapsed crypto lending platform Celsius filed a notice of appeal against Judge John T. Dorsey’s order that disallowed its claims for damages from FTX as part of its ongoing bankruptcy case.

Celsius files for Chapter 11 bankruptcy. The company’s balance sheet shows a gap of $1.2 billion and reckless behavior with customer deposits. This article will shed some light on the details of the ...

Investors Lost Massive Amounts in Crypto Crash The depegging of Terra’s UST coin and the collapse of Celsius and 3AC a few weeks later drove massive losses for investors: $20.5 billion in the ...

Either way, FTX is in accumulation mode with the market near rock bottom and BlockFi down roughly 95%. They even looked at acquiring Celsius but the state of its finances with a $2 billion hole in the ...