Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters 3 min read $0.40 Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140%...Read More
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice 4 min read 17919 WBTC Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice admin June 25, 2022 After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days...Read More
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’ 3 min read Akin Gump Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’ admin June 16, 2022 According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the...Read More
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency 3 min read 3AC Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency admin June 15, 2022 According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known...Read More
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship 3 min read Akin Gump Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship admin June 15, 2022 Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting...Read More