Cohen-Pavon, a former attorney who joined London-based Celsius in September 2020, set up NNY Capital Ltd. on May 5, 2021, with Oved, who later transferred his shares to his wife, Liat Kurtz-Oved, the owner of an Israeli call center that ran the binary options website PlusOption.com, the online newspaper reported. Source link … [Read more...] about Celsius’ Chief Revenue Officer Launched a Business With a Convicted Money Launderer: Report
Celsius
Argo, Celsius End Mining-Services Pact as They Settle US Court Case
BusinessArgo will pay $6.3 million to cover its outstanding bill, and Celsius will give an unspecified amount of bitcoin to the miner.By Sheldon RebackDec 8, 2021 at 10:26 a.m. UTCUpdated Dec 8, 2021 at 10:26 a.m. UTCCrypto mining machines. (Mark Agnor/Shutterstock) Source link … [Read more...] about Argo, Celsius End Mining-Services Pact as They Settle US Court Case
Was Celsius the ‘biggest victim’ in the recent BadgerDAO exploit?
Bitcoin DeFi tool BadgerDAO suffered a major attack earlier this week, and according to the current speculation, one of the most affected addresses that lost nearly 900 Bitcoin could be owned by Celsius.The popular lending platform that enables users to earn interest on deposited crypto hasn’t confirmed the claims, but on-chain data gives credence to the rumors that are … [Read more...] about Was Celsius the ‘biggest victim’ in the recent BadgerDAO exploit?
Kentucky Issues Cease-and-Desist Order Against Celsius Network
Celsius Network has drawn the ire of Kentucky’s securities regulator in the latest legal move by a U.S. state against the crypto startup and its lending products.In a filing Thursday, the state’s Division of Securities, part of the Kentucky Department of Financial Institutions, issued a cease-and-desist order against the startup over its “Earn Interest Accounts.”The regulator … [Read more...] about Kentucky Issues Cease-and-Desist Order Against Celsius Network
Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
During an ask-me-anything (AMA) YouTube live stream on Friday, Alex Mashinsky, CEO of Celsius Network, confirmed that the company “lost money” from BadgerDAO’s hack without specifying the value of the losses. Some had speculated earlier Friday that roughly $51 million was lost, based on blockchain data. Source link … [Read more...] about Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack