Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.
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Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.
CFTC investigators conclude ex-Celsius CEO Mashinsky broke US rules: Report
If the majority of CFTC commissioners agree with that conclusion, the regulator could file a case in federal court.
Celsius creditors allege Wintermute facilitated ‘wash trading’: Report
It was alleged that Celsius executives engaged Wintermute to aid "wash trading" in an effort to “fraudulently" manipulate trading volumes on the Celsius platform.
Celcius reportedly prepping litigation against creditor for leaking internal info
Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.
Celsius Was Operated in a Ponzi-Like Manner: Report
Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi...
Celsius’ Mashinsky Finally Sued by NY Attorney General
Former Celsius CEO Alex Mashinsky is being sued by the New York Attorney General for defrauding investors and making false statements about the companys financials. Mashinsky Feels the Heat Alex...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims…
10 crypto tweets that aged like milk: 2022 edition
Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter.
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.