Celsius Faces Fraud Charges. Regulators Try to Bring Order to the Crypto Wild West.

The Securities and Exchange Commission has accused Celsius and then-CEO Alex Mashinsky of a multiyear scheme to prop up the value of the company's internal token.

• 2023-07-14
• Celsius Network Alex Mashinsky Mashinsky SEC Justice Department

An Arrest, a Ruling, a Rally: Crypto’s Wild Day in the Courts

(Bloomberg) -- It was a day that started with something of a bang: the charismatic Alex Mashinsky, former chief executive officer of bankrupt crypto lender Celsius Network under arrest and charged with fraud. Most Read from BloombergEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudDeSantis Says No Thanks to $377 Million in US Energy FundsHow Much Income You Need to Crack America's Richest 1%Fund Titans Are Betting on Everything Gaining Against the DollarSingapore Minister Faces Most Seriou

• 2023-07-14
• Alex Mashinsky Commodity Futures Trading Commission Bloomberg Federal Trade Commission XRP Ripple Labs Celsius Network US Department of Justice Securities and Exchange Commission Mashinsky institutional investors

Ex-Celsius CEO Mashinsky Charged in Latest DOJ Crypto Case

(Bloomberg) -- The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was charged with fraud and sued by three regulatory agencies over the company’s collapse.Most Read from BloombergFund Titans Are Betting on Everything Gaining Against the DollarSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsNATO Is Papering Over the Cracks After Zelenskiy Loses His CoolInflation at 3% Flags End of Emergency, Turni

• 2023-07-13
• Alex Mashinsky Commodity Futures Trading Commission Bloomberg Mashinsky Federal Trade Commission Celsius Network

Crypto Lender Celsius CEO Alex Mashinsky Arrested, Sued by Regulators

Celsius Network founder Alex Mashinsky was arrested in New York early Thursday and charged with securities fraud.

• 2023-07-13
• Alex Mashinsky Commodity Futures Trading Commission Federal Trade Commission Mashinsky Celsius Network

Regulators Sue Bankrupt Crypto Lender Celsius, CEO Alex Mashinsky

Three federal regulators sued collapsed crypto lender Celsius Network and its founder Alex Mashinsky on Thursday, alleging the company defrauded investors. Mashinsky was arrested early Thursday morning in New York. The lawsuits, filed in Manhattan federal court, came from the Securities and Exchange Commission and the Commodity Futures Trading Commission.

• 2023-07-13
• Alex Mashinsky Celsius Network Commodity Futures Trading Commission Manhattan federal court Mashinsky federal regulators

SEC Sues Bankrupt Crypto Lender Celsius Network and CEO Alex Mashinsky

The SEC has charged Mashinsky and Celsius with four counts of fraud and one count of offering unregistered securities.

• 2023-07-13
• Alex Mashinsky Celsius Network The SEC Mashinsky

SEC Sues Bankrupt Crypto Lender Celsius, CEO Alex Mashinsky

The Securities and Exchange Commission on Thursday sued crypto lender Celsius and its founder and chief executive Alex Mashinsky. The SEC's suit, filed in Manhattan federal court, alleges that [Celsius and Mashinsky defrauded investors](https://www.

• 2023-07-13
• Alex Mashinsky Manhattan federal court SEC Mashinsky

CFTC Investigators Conclude Crypto Lender Celsius, Ex-CEO Broke Rules

(Bloomberg) -- Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion, according to people familiar with the matter.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps B

• 2023-07-06
• Celsius Network Alex Mashinsky Commodity Futures Trading Commission CFTC Bloomberg Mashinsky