Celsius

New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by concealing the failing health of his now-bankrupt cryptocurrency lending platform. Mashinsky persisted in promoting Celsius as a safe alternative to banks, paying interest as high as 17% on deposits, while concealing hundreds of millions of dollars of losses in risky investments, according to a complaint filed by the attorney general, Letitia James. The…

A bankruptcy judge has dashed the dreams of investors hoping to retrieve their crypto funds from Celsius. It turns out, assets placed in the now-defunct crypto exchange’s high interest “Earn Accounts” belong to Celsius, not the account holders, according to a Wednesday ruling from Judge Martin Glenn.The decision came down to an “unambiguous provision” in one section of Celsius’ terms of use, wrote the judge. “All right and title to such Eligible Digital Assets, including ownership rights,” is held by Celsius, said version…

Alex Mashinsky, the Celsius co-founder and former CEO who suspiciously cashed out $17 million in crypto prior to halting customers’ crypto withdraws and ahead of the company’s eventual bankruptcy, has found himself on the receiving end of a scathing civil lawsuit accusing him of defrauding hundreds of thousands investors out of billion of dollars by misrepresenting the shaky platform’s safety. The suit, filed Thursday by New York Attorney General Letitia James, alleges Mashinsky engaged in a years-long scheme to defraud…

Crypto lender Celsius Network is still facing the consequences of its tumultuous 2022 long after it declared bankruptcy. New York State Attorney General Letitia James has sued former Celsius CEO Alex Mashinsky for allegedly defrauding investors out of "billions of dollars" in cryptocurrency. The executive purportedly misled customers about Celsius' worsening financial health, and didn't register either as a salesperson or as a commodities and securities dealer. The Attorney General's office claims Mashinsky falsely…

Redmi K60 series was launched in China on Tuesday. This flagship lineup includes the Qualcomm Snapdragon 8 series-powered Redmi K60 and Redmi K60 Pro, and the Redmi K60E featuring a MediaTek Dimensity 8200 SoC. They are equipped with a 17-layer heat liquid cooling VC dissipation system that is said to offer up to 15 percent improved thermal conductivity than the previous generation. Xiaomi has also released a cooling case for the Redmi K60 series which is supposedly capable of further reducing the…

Are you on the lookout for the top crypto investments for 2023? Well, you’re at the right place! In this post, we’ll check out some of the most high-potential cryptocurrencies expected by crypto analysts to increase in 2023. These are: Flasko (FLSK), Stellar (XLM), and Celsius (CEL). Stellar (XLM) Fails to Impress Investors Stellar (XLM) is a decentralized network where users may create, send, and receive a variety of currencies. Stellar (XLM) allows programmers to implement asset exchanges, micropayment systems, and…

November is supposed to bring colder weather to the Northern hemisphere, but this year the month began with unusually high temperatures.Read more... November is supposed to bring colder weather to the Northern hemisphere, but this year the month began with unusually high temperatures.Read more... FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

The Celsius network has become a valuable asset amidst other cryptocurrencies. This can be attributed to many crypto investors in the Celsius community. With high market potential, this crypto network has attracted investors worldwide. The crypto network serves as a financial platform by allowing users to borrow Bitcoin assets and invest them into technology projects. CEL is the native cryptocurrency token used to carry out transactions in the crypto ecosystem. More so, the Celsius ecosystem is built as a means of…

AMD has already received much criticism for using a unique design for the integrated heat spreaders (IHS) of its Zen 4 processors. So now enthusiasts are trying to find ways to improve cooling. One of the hacks is to remove the IHS altogether, but a bit less risky method is to reportedly reduce the thickness of the heat spreader by grinding it down.JayzTwoCents (opens in new tab) (via Andreas Schilling (opens in new tab)) grinded off the heat spreader of his Ryzen 9 7950X by 0.8mm and reduced the temperature of the…

Jamie Dimon, CEO of JPMorgan Chase, arrives for the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks on September 22, 2022. Photo: Tom Williams/CQ-Roll Call, Inc (Getty Images)JPMorgan Chase has hired former Celsius executive Aaron Iovine to be the executive director of digital assets regulatory policy, according to Iovine’s LinkedIn profile. And if you’re looking for an easy answer as to how anyone could escape from the recent Celsius catastrophe…