Bankrupt Celsius custody account holders can claim 72.5% of their crypto, rules US Judge

Key Takeaways: Months before bankruptcy, Alex Mashinsky took over the Celsius trading system. Mashinsky frequently disagreed with Frank van Etten, the company’s former chief investment officer, regarding trading choices and his interference with the trading style. In July, Celsius filed…
Key Takeaways: “De-pegging” of stETH forced Celsius to sell its own holdings A rumor about a potential bailout following LUNA crash led to over $1 billion being withdrawn from Celsius within five days In Tether liquidation, Celsius incurred a loss…
Key Takeaways: Celsius says it has $167 million of cash available to meet urgent needs. The firm had over $8 billion lent out to clients, and $12 billion in assets under management in May. The bankruptcy filing comes after a…