Senior executives at Apollo Global Management and distressed-debt specialist Fortress Investment Group are each competing groups…
Tag: Celsius Network
States’ Probe of Celsius Network Alleges ‘Massive Losses’ as Far Back as 2021
Vermont regulators alleged that bankrupt crypto platform Celsius Network LLC, through its chief executive, Alex Mashinsky,…
Coinbase Posts Steep Second-Quarter Loss Amid Crypto Meltdown
Coinbase Global Inc. reported a surprisingly large second consecutive quarter of losses, driven by the crypto…
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time,…
Market Route Margin Lending Shows Risks of Crypto Style
Eugene Erlich had about $25,000 in his account at Celsius Network LLC last September when he…
Genesis loans $2.4 billion to hedge fund Three Arrows Capital
Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest…
Asset Manager Claims Crypto Lender Celsius Artificially Inflated Token
Asset manager KeeFi Inc. alleged in a lawsuit that troubled crypto lender Celsius Network LLC defrauded…
In Voyager bankruptcy, crypto trading firm Alameda is creditor, shareholder and borrower
Crypto trading firm Alameda Research has now provided emergency credit lines to the bankrupt crypto lender…
Crypto’s Second Quarter Asks Investors: What Else Could Go Wrong?
Krypto’s rocket ship crashed on the Moon and returned to Earth in the second quarter. In…