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Ex-Celsius CEO Mashinsky Charged in Latest DOJ Crypto Case

  • SEC also sued Mashinsky, Celsius in New York federal court
  • Celsius collapsed last year amid early cyrpto distress
Alex Mashinsky

Alex Mashinsky

Photographer: Benjamin Girette/Bloomberg
Updated on

The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was arrested and charged with fraud by US authorities following a probe into the company’s collapse.

Mashinsky was charged with fraud and attempting to manipulate crypto currencies in federal court in New York Thursday. The Securities and Exchange Commission and the Commodity Futures Trading Commission also filed lawsuits against Mashinsky and the company.