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Celsius co-founder Mashinsky faces lawsuit over making false statements about lender’s finances
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fnlondon.comNew York Attorney General Letitia James filed a civil lawsuit on 5 January against Alex Mashinsky, alleging the co-founder of bankrupt crypto lender Celsius Network defrauded investors out of billions of dollars of digital currency.
The lawsuit alleges that the former chief executive made false statements to investors about the soundness of Celsius’s financial condition then concealed its dire situation when the lender lost hundreds of millions of dollars in risky investments. Mashinsky falsely claimed that Celsius was safer...
Read more on fnlondon.comAbout this in other media
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3 cointelegraph.com /1 year ago
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit moneycontrol.com /1 year ago
New York sues Celsius founder Mashinsky finextra.com /1 year ago
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