CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Bitcoin.com 2024-12-03 21:53:42

Alex Mashinsky Pleads Guilty to Fraud in Celsius Collapse Scandal

Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by misrepresenting Celsius’s financial health to secure crypto deposits and sustain the platform’s services. Celsius, a crypto

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.