Complaint in Celsius Network Ltd. v. Equities First Holdings LLC and Alexander Christy at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint alleging fraud in Federal Trade Commission v. Celsius Network Inc., Celsius Network LLC, Celsius Networks Lending LLC, Celsius Lending LLC, Celsius KeyFi LLC, Celsius Mining LLC, Celsius US Holding LLC, Celsius US LLC, Celsius Management Corp., Alexander Mashinsky, Shlomi Daniel Leon, and Hanoch 'Nuke' Goldstein at the U.S. District Court for the Southern District of New York.
Complaint alleging fraud in U.S. Commodity Futures Trading Commission v. Celsius Network LLC, a Delaware company based in New Jersey, and Alexander Mashinsky at the U.S. District Court for the Southern District of New York.
Complaint alleging securities fraud in U.S. Securities and Exchange Commission v. Celsius Network Limited, of England, and Alexander Mashinsky at the U.S. District Court for the Southern District of New York.
Criminal Indictment alleging fraud involving crypto group Celsius Network in USA v. Alexander Mashinsky and Roni Cohen-Pavon at the U.S. District Court for the Southern District of New York.
Complaint in Official Committee of Unsecured Creditors of Celsius Network LLC v. Celsius Network Limited, described as "a United Kingdom private limited company with offices in the United Kingdom, Cyprus, Israel, and Las Vegas, Nevada", at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint for a declaratory judgment that "(a) since at least the spring of 2021, the Defendants have been operating their businesses as a Ponzi scheme, (b) the Defendants’ books, records, and businesses are so hopelessly intertwined that the Defendants’ estates should be substantively consolidated, and (c) as a consequence of adjudicating that the Defendants operated as a Ponzi scheme, all contracts with the Defendants on and after the date the Ponzi scheme began, including, without limitation, Terms of Use, are deemed null and void" in Ignat Tuganov, of Cyprus v. Celsius Network LLC, Celsius KeyFi LLC, Celsius Lending LLC,, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, of the United Kingdom; Celsius Networks Lending LLC, Celsius US Holding LLC, GK8 Ltd., of Israel; GK8 UK Limited, of Israel, and GK8 USA LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint in Georges Georgiou, Philip Harris Stewart, and Gilbert Castillo v. Celsius Network LLC, of the Cayman Islands; Celsius KeyFi LLC, Celsius Lending LLC, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, of England; Celsius Networks Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint alleging "a fraud scheme that spanned nearly six years, and tricked several hundred thousand individuals worldwide out of billions of dollars" in Thomas Bull, a citizen and resident of Australia v. Alex Mashinsky and Kristine Mashinsky, a.k.a. Krissy Mashinsky, at the U.S. District Court for the Southern District of New York.
Complaint in Ad Hoc Group of Borrowers v. Celsius Network LLC, Celsius KeyFi LLC, Celsius Lending LLC, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, Celsius Networks Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint alleging breach of contract in Celsius Network Limited, of England, described as "a crypto-based financial platform" v. Fabric Ventures Group Sàrl, of Luxembourg, described as "a venture-capital firm that contractually committed to purchase Series B preferred shares of CNL", at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint alleging "a scheme to defraud hundreds of thousands of investors, including more than 26,000 New Yorkers, by using false and misleading representations to induce them to deposit billions of dollars in digital assets with his cryptocurrency lending company Celsius Network LLC" in The People of the State of New York, by Letitia James, as the Attorney General of the State of New York v. Alex Mashinsky at the Supreme Court of the State of New York, County of New York.
Chapter 11 Petition by GK8 Ltd., GK8 UK Limited, and GK8 USA LLC, which are all identified as being based in Israel and affiliates of the Celsius Network crypto group, filed at the U.S. Bankruptcy Court for the Southern District of New York.
Motion by the Vermont Department of Financial Regulation to Join U.S. Trustee's Motion for the Appointment of an Examiner in the matter of Celsius Network LLC, Celsius Network Inc., Celsius Network Limited, Celsius KeyFi LLC, Celsius Mining LLC, Celsius Networks Lending LLC, Celsius Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint for declaratory judgment that "Custody Assets are not property of the Debtors' estates" in Ad Hoc Group of Custodial Account Holders. which "is comprised of individual holders of 64 accounts that collectively held cryptocurrency in the Custody Service valued at more than approximately $22.5 million as of the Petition Date" v. Celsius Network LLC, Celsius KeyFi LLC, Celsius Lending LLC, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, Celsius Networks Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Complaint seeking "the turnover and transfer of crypto assets that are in the possession of Prime Trust, an entity that continues to exercise dominion and control over property over which it has no claim or title" in Celsius Network Limited, of London, England, and Celsius Network LLC, of Nevada, operators of "one of the largest cryptocurrency-based finance platforms in the world" v. Prime Trust LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Two British and Delaware companies within the bankrupt crypto lending Celsius Network group have sued former business partner Jason Stone and his firm KeyFi Inc. for allegedly stealing and losing crypto worth "tens of millions of dollars". The lawsuit was filed 47 days after KeyFi sued Celsius Network, alleging its platform was being operated as "a classic Ponzi scheme".
Complaint alleging "conversion, fraudulent misrepresentations, gross negligence, willful and reckless misconduct and other breaches of duty" in Celsius Network Limited, of England, and Celsius KeyFi LLC, of Delaware v. Jason Stone, of New York, and KeyFi Inc., of Delaware, at the U.S. Bankruptcy Court for the Southern District of New York.
U.S. Trustee's Motion for the Appointment of an Examiner in the matter of Celsius Network LLC, Celsius Network Inc., Celsius Network Limited, Celsius KeyFi LLC, Celsius Mining LLC, Celsius Networks Lending LLC, Celsius Lending LLC, and Celsius US Holding LLC at the U.S. Bankruptcy Court for the Southern District of New York.
Cayman Islands-domiciled Pharos USD Fund is the biggest unsecured creditor of bankrupt crypto lender Celsius Network, with a claim for $81 million. Other unsecured creditors include another Cayman fund, Invictus Capital Financial Technologies, and entities in the British Virgin Islands, England, South Africa, and Switzerland.
Chapter 11 Petition by Celsius Network LLC, Celsius Network Inc., Celsius Network Limited, Celsius KeyFi LLC, Celsius Mining LLC, Celsius Networks Lending LLC, Celsius Lending LLC, and Celsius US Holding LLC, collectively "one of the largest and most sophisticated cryptocurrency based finance platforms in the world and provide financial services to institutional, corporate, and retail clients across more than 100 countries", at the U.S. Bankruptcy Court for the Southern District of New York.
Class Action Complaint alleging fraud against "a financial services company that generates revenue through cryptocurrency trading, lending, and borrowing, the sale of its unregistered securities, as well as engaging in proprietary trading" in Taylor Goines v. Celsius Network LLC, Celsius Lending LLC, Celsius KeyFi LLC, Alexander Mashinsky, Shlomi Daniel Leon, David Barse, and Alan Jeffrey Carr at the U.S. District Court for the District of New Jersey.
Complaint alleging "a Ponzi Scheme" involving cryptocurrency in KeyFi Inc., of Delaware v. Celsius Network Limited, of England, and Celsius KeyFi LLC, of Delaware, which collectively "operate a "crypto-lending platform" that receives crypto-asset deposits from consumers seeking to earn interest on their crypto holdings", at the Supreme Court of the State of New York, County of New York.
The sole director of the Cayman Islands parent of suspended fund group Invictus Capital, which claims to have crypto assets totaling $135 million under management, will not sign a declaration of solvency, meaning its voluntary liquidation will now be conducted under court supervision.
Citing exposure to the UST stablecoin and Celsius Network 'bank', crypto fund operator Invictus Capital, which was set up by South Africans and claims to have more than $135 million under management in investment funds in the Cayman Islands and British Virgin Islands, has suspended redemptions and is attempting to re-organize under the oversight of voluntary liquidators appointed for its Cayman parent company.