Former CEO of crypto savings platform Celsius arrested - SEC lawsuit filed

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Alex Mashinsky, the former CEO of failed crypto savings platform Celsius, was arrested on July 13. The US Securities and Exchange Commission (SEC) has filed a lawsuit against the crypto company, and the arrest of the former Celsius boss follows investigations into the company. In particular, the US Department of Justice is bringing charges such as fraud and market manipulation against Mashinsky. According to Bloomberg, citing internal sources, the crypto company's investigation revealed serious violations of laws and regulations. Mashinsky is accused of violating several US regulations before the company collapsed in 2022. The investigation into the former Celsius CEO began after the New York Attorney General's Office sued Mashinsky in January. The lawsuit...

Alex Mashinsky, der ehemalige CEO der gescheiterten Krypto-Sparplattform Celsius, wurde am 13. Juli festgenommen. Die US-Börsenaufsicht SEC hat Klage gegen das Krypto-Unternehmen erhoben, und die Festnahme des ehemaligen Celsius-Chefs folgt auf Ermittlungen gegen das Unternehmen. Das US-Justizministerium erhebt insbesondere Anklagepunkte wie Betrug und Marktmanipulation gegen Mashinsky. Laut Bloomberg, das sich auf interne Quellen beruft, ergab die Untersuchung des Krypto-Unternehmens schwerwiegende Verstöße gegen Gesetze und Vorschriften. Mashinsky wird vorgeworfen, vor dem Zusammenbruch des Unternehmens im Jahr 2022 mehrere US-Vorschriften verletzt zu haben. Die Ermittlungen gegen den ehemaligen Celsius-CEO begannen, nachdem die New Yorker Generalstaatsanwaltschaft Mashinsky im Januar verklagt hatte. Die Klage …
Alex Mashinsky, the former CEO of failed crypto savings platform Celsius, was arrested on July 13. The US Securities and Exchange Commission (SEC) has filed a lawsuit against the crypto company, and the arrest of the former Celsius boss follows investigations into the company. In particular, the US Department of Justice is bringing charges such as fraud and market manipulation against Mashinsky. According to Bloomberg, citing internal sources, the crypto company's investigation revealed serious violations of laws and regulations. Mashinsky is accused of violating several US regulations before the company collapsed in 2022. The investigation into the former Celsius CEO began after the New York Attorney General's Office sued Mashinsky in January. The lawsuit...

Former CEO of crypto savings platform Celsius arrested - SEC lawsuit filed

Alex Mashinsky, the former CEO of failed crypto savings platform Celsius, was arrested on July 13. The US Securities and Exchange Commission (SEC) has filed a lawsuit against the crypto company, and the arrest of the former Celsius boss follows investigations into the company. In particular, the US Department of Justice is bringing charges such as fraud and market manipulation against Mashinsky.

According to Bloomberg, citing internal sources, the crypto company's investigation revealed serious violations of laws and regulations. Mashinsky is accused of violating several US regulations before the company collapsed in 2022.

The investigation into the former Celsius CEO began after the New York Attorney General's Office sued Mashinsky in January. The lawsuit alleges that the former CEO knowingly misled investors and caused billions of dollars in losses.

In June last year, Celsius ran into trouble when the crypto lender suddenly stopped withdrawals on the platform. Subsequently, securities regulators from five different US states opened an investigation into the company, and within a month the platform filed for bankruptcy.

Alex Mashinsky is expected to face a lengthy prison sentence if he is convicted.