Celsius Network
The Latest
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Celsius Network's Fall from Grace: A Tale of Fraud, Arrests, and a Record $4.7 Billion Settlement
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. -
Former Celsius CEO Alex Mashinsky Withdrew $10 Million Ahead Bankruptcy Filing: Report
The withdrawal was slammed by the crypto community. The withdrawal was slammed by the crypto community. -
Bankrupt Celsius To Return Fraction Of Customer Money In Court Filing
This raises the question of whether Celsius will restore the other $160 million in customer funds. This raises the question of whether Celsius will restore the other $160 million in customer funds. -
Celsius Starts Repaying MakerDAO Loans To The Tune Of $142-M
Celsius Network announced it will pause all withdrawals recently. Celsius Network announced it will pause all withdrawals recently.