EXPLAINED: 5 - The Real Truth

Celsius to exit bankruptcy in early 2024 and give back some $2 billion to customers

The company filed for bankruptcy in July 2022.

Fortune · Nov 10, 2023

How Matt Damon and a fairytale sent The O.C.’s Ben McKenzie down the crypto rabbit hole

EXCLUSIVE: Actor-turned-investigative journalist Ben McKenzie tells Bevan Hurley that cryptocurrency is one giant scam fuelled by greed, manipulation and many of his fellow Hollywood stars

The Independent UK · Jul 27, 2023

'Extremely vulnerable to abuse': Token grants back in the spotlight after former Celsius CEO allegedly pocketed $42 million

Alex Mashinsky was arrested Thursday and hit with seven charges, including wire fraud.

Fortune · Jul 14, 2023

Crypto lender Cred collapsed in 2020 after pulling in $135 million from customers. Its shady dealings foreshadowed FTX’s downfall—but regulators didn’t notice

Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.

Fortune · Jul 6, 2023

ONE Championship’s Stamp Fairtex Hungry to Become Three-Sport World Champion

‘I won’t stop until I get it.’

Sports Illustrated · Jun 30, 2023

The shift from grammar schools to comprehensives had little effect on social mobility in England

Research shows that in the past 50 years, social class mobility – how a person’s occupation, social class or income compares with that of their parents – has either increased or stayed static in the UK.

The Conversation · Jun 19, 2023

Celsius turns to Fahrenheit to oversee bankruptcy exit

Fahrenheit won the bid after venture capital firm NovaWulf initially was named the winner of the auction in mid-April.

Fortune · May 25, 2023

John Oliver on cryptocurrencies: ‘This is all still a casino’

Last Week Tonight host examines the volatility and risks of cryptocurrencies through the collapses of Terra, Celsius and FTX

The Guardian - US · Apr 24, 2023

Celsius auction set for Tuesday, Coinbase and Gemini join bidding for bankrupt firm

The sale of Celsius—the crypto lender that was seeking a valuation of over $7 billion when it collapsed last June—took a number of twists this weekend as a bankruptcy filing revealed that two new consortiums will take part in a three-way auction for the company that is set for this…

Fortune · Apr 23, 2023

Unchained Capital, a Bitcoin lender and custodian, raises $60 million following competitors' collapse

The Bitcoin financial services firm is one of the few lenders to escape 2022 comparatively unscathed.

Fortune · Apr 18, 2023