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Bloomberg on MSN · 8h

Celsius Founder Mashinsky Gets 12 Years for Crypto Fraud

Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding hundreds of thousands of customers lured by his firm’s high interest rates on digital-asset deposits.

Associated Press News on MSN · 11h

Founder of crypto platform Celsius Network is sentenced to 12 years in prison

The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment.

Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence For Securities and Commodities Fraud

Alex Mashinsky, the founder and former CEO of the now-collapsed cryptocurrency lender Celsius Network, was sentenced to a 12-year prison term for securities and commodities fraud on Thursday.

12h

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era

Alex Mashinsky, the former CEO of Celsius, has been sentenced to 12 years in prison, setting the tempo for fraud prosecutions ...

1d

Cloudflare Failed to Dismiss Data Breach Suit By Celsius Debtors

Cloudflare can’t shake a lawsuit from people tasked with recovering money for Celsius Network debtors, after a federal ...

Cryptopolitan6d

UK to ban borrowing for crypto purchases

The UK plans to ban people from borrowing money to buy crypto, as regulators move to take full control of a market that’s ...

6don MSN

Crypto skeptic to release SBF, Mashinsky interviews in documentary

The crypto-skeptical documentary Everyone Is Lying To You For Money is set to premiere at SXSW London in June and include ...

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