The founder of cryptocurrency lending platform Celsius Network was arrested on federal charges.
The logo of the crypto company Celsius is seen on the screen of a computer in an office.The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges.
Instead, federal prosecutors alleged he was misrepresenting the company’s financial health before it collapsed into bankruptcy a year ago. "Defendants also falsely claimed that Celsius had 1 million active users on Celsius’s platform. It did not. Celsius’s own internal data—which was regularly shared with Mashinsky -- showed that the company only had approximately 500,000 users who had ever deposited crypto assets on the company’s platform and that many were no longer active users," the SEC lawsuit said.
According to the regulators, Celsius told the public a different story: "That [a]ll user funds are safe, and that it continue[s] to be open for business as usual."
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Founder of failed crypto lending platform Celsius Network arrested on fraud chargesThe founder and former CEO of the failed cryptocurrency lending platform Celsius Network has been arrested on federal fraud charges alleging that he schemed to defraud customers by misleading them about key aspects of the business
Leer más »
Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTCThe bankrupt crypto lending platform's CEO and co-founder Mashinsky was arrested Thursday following an investigation into the company's collapse, Bloomberg reported.
Leer más »
Celsius Founder Dumped His CEL Holdings Before Arrest, Now Fined for $4.7 Billion.lookonchain The arrested CelsiusNetwork founder dumped a staggering amount of $CEL
Leer más »
Crypto Lender Celsius CEO Alex Mashinsky Arrested, Sued by RegulatorsCelsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud
Leer más »
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens.CelsiusNetwork is suing stakedTokens for its alleged refusal to return $150 million in tokens. thesamreynolds reports.
Leer más »
Celsius files lawsuit to recover $150M from staking platform StakeHoundCelsius argued in the filing that the liquid staking platform should be required to immediately turn over Celsius' property.
Leer más »