Founder of Failed Crypto Lender Celsius Pleads Guilty to Fraud
Alex Mashinsky, the founder and former CEO of defunct cryptocurrency lender Celsius Network, pleaded guilty to two counts of fraud on Tuesday in one of the highest-profile criminal cases to emerge from the 2022 collapse of the crypto markets.
Celsius founder Alex Mashinsky pleads guilty in fraud case
I accept full responsibility for my actions.” In an agreement with prosecutors he pleaded guilty to one count of fraud and one count of market manipulation. New Jersey-based Celsius launched in 2017 to accept deposits of cryptocurrencies,
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