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Home News Alex Mashinsky

Breaking: Celsius CEO Alex Mashinsky Sued By New York’s Attorney General

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January 5, 2023
in Alex Mashinsky, Celsius, Celsius bankruptcy, celsius network, News
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Breaking: Celsius CEO Alex Mashinsky Sued By New York’s Attorney General
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On Thursday, the attorney general of the state of New York filed a civil lawsuit against Alex Mashinsky, the founder of the crypto company Celsius Network; accusing him of plotting to defraud hundreds of investors by inducing them to deposit billions of dollars in digital assets with his crypto-lending product. Mashinsky is charged with breaking the state’s Martin Act, which provides Attorney General Letitia James extensive authority to pursue civil & criminal charges involving securities fraud and other violations.

This is a developing story and is being frequently updated.

The post Breaking: Celsius CEO Alex Mashinsky Sued By New York’s Attorney General appeared first on CoinGape.

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