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Boss of Crypto Platform Celsius Arrested on Fraud Charges, Company Agrees to $4.7 Billion Settlement

Alex Mashinsky, the founder of Celsius Network, was arrested this week on federal securities fraud charges. The crypto lending platform also agreed to pay a $4.7 billion settlement to regulators over its past mistreatment of investors.
Rafael Henrique Roni Cohen Pavon Alex Mashinsky Celsius Network Commodity Futures Trading Commission Wall Street Journalreports

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Founder of failed crypto lending platform Celsius Network arrested on fraud charges – Metro US

NEW YORK (AP) โ€” The founder and former CEO of the failed cryptocurrency lending platform Celsius Network was freed on $40 million bail Thursday after pleading not guilty to federal fraud charges alleging that he schemed to defraud customers by misleading them about key aspects of the business. Alexander Mashinsky, 57, of Manhattan, was charged […]
New York United States Jonathan Ohring Damian Williams Letitia James Alexander Mashinsky
Source: metro.us

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