NYAG says Alex Mashinsky lied about Celsius’s safety, then lost customer funds in risky investments and concealed the firm's deteriorating financial condition.
January 9, 2023BlockFi said its liquidity crisis was due to its exposure to FTX as well as cryptocurrencies held on FTX's platform that became trapped.
November 29, 2022The SEC and CFTC are reportedly looking into whether Three Arrows misled investors and violated rules by not registering its business.
October 19, 2022A lawsuit filed by a former Celsius money manager says the company mismanaged customer funds, failed to perform basic internal auditing, and manipulated crypto-assets.
July 13, 2022The bankruptcy filing came three days after Three Arrows entered into liquidation in the British Virgin Islands.
July 5, 2022Withdrawals have been suspended one week. Celsius says it is continuing efforts to stabilise its liquidity and operations, and that the process "will take time".
June 20, 2022