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Vice Chancellor Bonnie David wrote that the board members of Ionic Digital Inc. breached their fiduciary duties by resolving ...
Alexander Mashinsky, founder and former CEO of the failed cryptocurrency platform Celsius Network, was sentenced to 12 years ...
Federal prosecutors had sought a sentence of at least 20 years for Alex Mashinsky, who attracted customers—many of them ...
Prosecutors accused Mashinsky of misleading investors about the profitability of Celsius’ platform while secretly selling off ...
The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing ...
The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday ...
He had promised that their money would be safe and secure at Celsius, which pitched itself as a modern-day bank where crypto assets could earn interest. The defense blamed the collapse of Celsius ...
The founder of the collapsed crypto platform Celsius has been sentenced to 12 years behind bars. Mashinsky was initially ...
A pseudobank that touted returns of as much as 18.6% on customers’ crypto deposits, Celsius was one of the first big crypto companies to topple into bankruptcy after a downturn in the digital ...
According to the indictment, Celsius executives took more than $4 ... the second-largest crypto exchange that filed for bankruptcy in November 2022.
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