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"My understanding is that the SEC asked for more information to make a determination," the person said. "The way I'm interpreting it is the SEC is telling the committee what they want to see for various parts of the business, and now the committee has to decide what they're going
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Crypto lender Celsius Network continues to face legal upheavals as it embarks on a new journey post-bankruptcy. Meanwhile, its native CEL token has seen a 40% increase in the past seven days. Navigating legal challenges Celsius Network’s transition unfolds against a backdrop of legal challenges and financial turbulence. The recent court endorsement
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“We are excited to share the news that we are launching a new investment entity, Valinor, to pursue investment opportunities related to blockchain and financial innovation. While our NovaWulf chapter has come to an end, we are fortunate to have the backing and collaboration of some of our former partners
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Mashinsky, alongside his former Chief Technology Officer Hanoch “Nuke” Goldstein, argued the FTC would need to make more rules before taking on novel cases such as marketing fraud. In a separate filing, Goldstein said he was being unjustly held guilty by association with other Celsius executives, with the FTC depending
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Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation Original Source
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An attorney for bankrupt crypto lender Celsius said the company might value its CEL token at 20 cents, down significantly from its current market value of 54 cents. Source
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Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites
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To everyone’s surprise, the Celsius Network is still operating after the drama surrounding its bankruptcy in July. Alex Mashinky, the company’s CEO, quit
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The native token of Celsius regained momentum just hours after being rocked by the surprise departure of CEO Alex Mashinsky. Source
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Celsius (CEL) has been on the headlines recently in line with hearing updates following its filing of bankruptcy and sale of stablecoins. CEL
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