Celsius Network LLC is a bankrupt cryptocurrency lending platform that halted customer withdrawals in June 2022 and emerged from Chapter 11 bankruptcy on January 31, 2024. Celsius's Twitter Score is 142 out of 1000 (an Excellent rating) as of July 2026, ranking #4,912 (top 5%) among 389,587 tracked accounts.
Celsius was co-founded by Alex Mashinsky, Daniel Leon, and Nuke Goldstein. At its peak, Celsius managed approximately $25 billion in customer assets, according to the U.S. Attorney's Office for the Southern District of New York. In October 2021, Celsius raised $400 million in a new equity round led by WestCap and CDPQ, valuing the company at $3 billion; both firms were former backers. Celsius filed for Chapter 11 bankruptcy on July 13, 2022, after halting all customer withdrawals on June 12, 2022, at which point the DOJ noted customers still held approximately $4.7 billion worth of crypto assets on the platform.
Celsius faced significant legal action beginning July 13, 2023, when the SEC charged Celsius Network Limited and founder and former CEO Alex Mashinsky with violating registration and anti-fraud provisions of federal securities laws, including alleged unregistered offers and sales of the Earn Interest Program, false and misleading statements, and CEL token market manipulation; Celsius consented to a permanent injunction against future securities law violations. On the same date, the DOJ charged Mashinsky with securities fraud, commodities fraud, and wire fraud, and charged Mashinsky and former Chief Revenue Officer Roni Cohen-Pavon with conspiracy, securities fraud, market manipulation, and wire fraud related to CEL; those charges remain accusations and the defendants are presumed innocent unless and until proven guilty. Celsius Network LLC separately accepted responsibility under a non-prosecution agreement and agreed to cooperate with the government. Celsius shut down its mobile and web apps on February 29, 2024 as part of winding down business operations. Celsius remains affiliated with Ionic Digital LLC and Hut 8 Corp.
Celsius's portfolio includes 1inch, Polygon, CoinRoutes and Luxortechteam. Celsius's account has 224,371 followers as of July 2026 and 10,883 posts. Celsius has been mentioned by 1,174 accounts, with 6,769 total mentions.
Who follows Celsius on X?
The accounts that follow Celsius include 442 founders, 95 angel investors, 353 influencers and 26 VCs. Among them are Toly, Laura Shin, Andrew Kang, Zhu Su, CL and Loomdart.