Celsius founder Alex Mashinsky arrested and charged with fraud
This follows a New York-based lawsuit and his company going bankrupt.The problems keep mounting for Celsius founder Alex Mashinsky, as he’s been arrested and charged by federal authorities with fraud. Mashinsky faces seven criminal counts, including securities, commodities and wire fraud,He and his company are being independent sued by three government agencies — the FTC, CFTC and SEC. The U.S.
Celsius’s former chief revenue officer, Roni Cohen-Pavon, was also arrested, with both Pavon and Mashinsky being charged with manipulating the price of the company’s proprietary crypto token so they could sell their own stock at inflated prices. “Mashinsky misrepresented, among other things, the safety of Celsius’s yield-generating activities, Celsius’s profitability, the long-term sustainability of Celsius’ high rewards rates and the risks associated with depositing crypto assets with Celsius,'' federal prosecutorsAdditionally, the FTC reached a $4.7 billion settlement today with Celsius, which nearly matches the record fines
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Crypto Lender Celsius CEO Alex Mashinsky Arrested, Sued by RegulatorsCelsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud
Lire la suite »
Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTCThe bankrupt crypto lending platform's CEO and co-founder Mashinsky was arrested Thursday following an investigation into the company's collapse, Bloomberg reported.
Lire la suite »
Founder of cryptocurrency lending platform Celsius Network arrestedThe founder of cryptocurrency lending platform Celsius Network was arrested on federal charges.
Lire la suite »
Celsius Founder Dumped His CEL Holdings Before Arrest, Now Fined for $4.7 Billion.lookonchain The arrested CelsiusNetwork founder dumped a staggering amount of $CEL
Lire la suite »
Former Celsius CEO arrested on fraud charges as FTC lines up a $4.7 billion fineAlex Mashinsky is accused of manipulating the price of CEL.
Lire la suite »
SEC Names No Cryptocurrencies Other than CEL Securities in Fresh FilingIn its latest lawsuit, the SEC labeled CelsiusNetwork and Alex Mashinsky’s $CEL token and Earn Program as unregistered securities! What else did the lawsuit mention? Read more here -
Lire la suite »