Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts of ...

The Celsius Network’s native token surged by over 300% a month after it initiated a $2.5 billion repayment scheme for more than 250,000 creditors. A court filing on Aug. 26 showed that the bankrupt ...

Federal prosecutors are pushing for a 20-year sentence for Celsius founder Alex Mashinsky. Mashinsky admitted to misleading customers and manipulating Celsius’s CEL token. Victim statements reveal ...

Cradle and other employees received part of their salary in cel tokens. A former human resources employee said it was a way to attract and retain talent. It also let them share in the company’s ...

Alex Mashinsky, the former CEO of crypto firm Celsius Network, has pleaded guilty to fraud charges, marking a pivotal moment in the ongoing legal scrutiny of the collapsed crypto lending platform. The ...