Search results for "CEL"
2025-08-01
07:08

Cel AI plans to move from the London Stock Exchange to AQSE to advance its Bitcoin strategy, currently holding 5.28 BTC.

PANews August 1 news, UK Cel AI announced plans to delist from the London Stock Exchange (LSE) on September 1 and move to the Aquis Stock Exchange (AQSE) growth market to "unlock the flexibility to execute the Bitcoin reserve strategy." Currently, the company has sold 3.42 Bitcoins, holding a total of 5.28 Bitcoins, and plans to continue increasing its holdings after the transition to AQSE.
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BTC4,14%
CEL2%
10:13

Cel AI PLC raised £10 million for the purchase of BTC and operations.

Gate News bot message, British listed company Cel AI PLC (LSE: CLAI) has completed a £10 million financing through a targeted placement and subscription. This financing involves the issuance of 5 billion new ordinary shares at a price of 0.2 pence per share. The plan will officially take effect after being approved at the shareholders' meeting on July 17. The funds raised will be used to purchase BTC and support.
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BTC4,14%
09:06

UK-listed companies plan to invest tens of millions of pounds in Bitcoin, pending approval from the shareholders' meeting.

According to Gate News bot, the announcement shows that the UK-listed company Cel AI has completed a fundraising of £10 million (approximately $13.7 million), aiming to purchase Bitcoin and implement its Bitcoin reserve strategy. This strategy still needs to be approved at the shareholders' meeting on July 17. This move marks Cel AI's official entry into the crypto assets field.
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BTC4,14%
06:14

Celsius founder Mashinsky protests the proposed 20-year sentence, with lawyers requesting it be reduced to 366 days.

According to news from the Gate.io News bot and a report by Cointelegraph, Celsius founder Alex Mashinsky has expressed objections to the 20-year prison sentence proposed by the U.S. Department of Justice. Mashinsky admitted in December 2024 to charges of commodity fraud and manipulating the price of the CEL Token, having made $48 million in profits by selling tokens prior to the collapse of Celsius. On May 5, his legal team submitted a response memorandum to the New York District Court, requesting to reduce the sentence to less than 366 days. The legal team pointed out that Mashinsky, as a first-time non-violent offender, has a flawless business record spanning 30 years.
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07:41

Softcom Power: CEL Bravo plans to reduce its stake in the company by no more than 1%.

Jin10 reported on May 5 that Softcom Power announced in the evening that its shareholder CEL Bravo Limited, holding 8.69% of the shares, intends to reduce its holdings of the company's shares by no more than 9.5294 million shares (accounting for 1.00% of the company's total share capital) through centralized bidding trading within three months after 15 trading days from the date of this announcement.
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07:52

The U.S. Department of Justice seeks a 20-year prison sentence for the former CEO of Celsius.

According to Gate.io News bot and a report by CoinDesk, the U.S. Department of Justice submitted documents to the court recommending a 20-year prison sentence for Celsius founder and former CEO Alex Mashinsky. The documents indicate that Mashinsky is accused of orchestrating fraud, resulting in customer losses of nearly $7 billion. In this case, Mashinsky has admitted to making false promises to clients, falsely claiming that deposits were safe while manipulating the price of CEL tokens for personal gain. The prosecution noted in the documents that this was a carefully planned fraud case that caused significant losses to clients and set a warning example for the cryptocurrency industry. Sentencing in the case will take place on May 8.
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11:01

Former Celsius CEO Mashinsky will face a ruling on fraud and manipulation of Token prices on May 8.

Gate news bot message, according to documents from the New York District Court, the sentencing date for former Celsius CEO Alex Mashinsky is set for May 8. Mashinsky must face the court's judgment regarding charges of fraud and manipulation of the CEL token price. Mashinsky was arrested in July 2023, facing multiple charges including commodity fraud and securities fraud. In December 2023, he pleaded guilty to one count of commodity fraud and one count of price manipulation, with a maximum sentence of 20 years in prison. The sentencing, originally scheduled for April 8, was postponed by a month due to the defense needing to submit additional evidence. According to TheBlock, Celsius managed $13 billion in customer deposits before filing for bankruptcy, which the company announced during the downturn of the cryptocurrency market in 2022.
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