According to the U.S. Department of Justice (DOJ) Alex Mashinsky, the esteemed co-founder and former CEO of the now-defunct crypto lender Celsius, was apprehended in New York on Thursday. This arrest stems from a meticulous investigation into the intricate circumstances surrounding the company’s unfortunate collapse.
Link to the Full Story:
Celsius Network’s Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender
Mashinsky, alongside his co-defendants, faces a comprehensive set of allegations encompassing seven charges, including securities fraud, commodities fraud, wire fraud, and conspiracy to manipulate the price of Celsius’ token CEL, as outlined in a meticulously prepared indictment by the U.S. Department of Justice (DOJ). The weight of these accusations is further emphasized by the simultaneous filing of multiple independent lawsuits against Mashinsky and Celsius by prominent regulatory bodies such as the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Federal Trade Commission (FTC).
Credits: Wondercraft Voice AI and CoinDesk crypto regulation and policy reporter Sandali Handagama.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source:
- :is
- a
- Accusations
- against
- AI
- alex
- Alex Mashinsky
- Allegations
- alongside
- and
- arrest
- arrested
- AS
- At
- bankrupt
- blockchain
- bodies
- by
- california
- CEL
- Celsius
- ceo
- CFTC
- charges
- circumstances
- Co-founder
- Coindesk
- CoinDesk Podcast Network
- Collapse
- commission
- Commodities
- commodity
- company
- comprehensive
- Conspiracy
- crypto
- crypto lender
- Crypto regulation
- Department
- department of justice
- Department of Justice (DoJ)
- DoJ
- emphasized
- encompassing
- esteemed
- exchange
- faces
- Federal
- Federal Trade Commission
- Filing
- Former
- former ceo
- fraud
- from
- FTC
- full
- further
- Futures
- Futures Trading
- his
- HTTPS
- in
- Including
- independent
- indictment
- into
- investigation
- Justice
- Lawsuits
- lender
- meticulously
- multiple
- New
- New York
- Notice..
- of
- on
- outlined
- plato
- Plato Data Intelligence
- PlatoAiCast
- platoaistream
- PlatoData
- policy
- prepared
- price
- privacy
- privacy policy
- prominent
- Regulation
- regulatory
- report
- reporter
- s
- SEC
- Securities
- Securities and Exchange Commission
- securities fraud
- set
- seven
- simultaneous
- special
- stems
- Story
- such
- sue
- Surrounding
- The
- These
- this
- thursday
- to
- token
- trade
- Trading
- u.s.
- U.S. Department of Justice
- U.S. Securities
- U.S. Securities and Exchange Commission
- U.S. Securities and Exchange Commission (SEC)
- unfortunate
- Voice
- was
- Web3
- weight
- Wire
- Wire Fraud
- york