UPDATE: CelsiusNetwork's ex-CEO Mashinsky was arrested early Thursday after an investigation into the company's collapse, Bloomberg reports. by iamsandali
In SEC's complaint asserts that Celsius' token CEL and its Earn interest Program are securities.
“In this case, Celsius offered and sold CEL and the Earn Interest Program as securities….. Celsius and Mashinsky never filed a registration statement or had one in effect with the SEC for their offers and sales of securities through the Earn Interest Program,” the complaint said.This is a developing story and will be updated.
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