Posts Tagged ‘Ex-Celsius CEO Arrested On Fraud Charges’
Ex-Celsius CEO Arrested On Fraud Charges, Bankrupt Crypto Firm Sued By SEC
The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. The SEC alleges that Celsius and Mashinsky “misrepresented Celsius’s central business model and the risks to investors by claiming that Celsius did not make uncollateralized loans, the company…
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