10 months ago
The U.S. Securities and Exchange Commission (SEC) has accused bankrupt crypto lender Celsius Network and erstwhile CEO Alex Mashinsky of securities fraud, according to a suit filed Thursday.
The lending level filed for bankruptcy past July, and crypto consortium Fahrenheit recently won a bid to get its assets.
Bloomberg reported earlier this period that Mashinsky and Celsius may besides look a suit from the U.S. Commodity Futures Trading Commission (CFTC). The study said that investigators astatine the CFTC concluded that the bankrupt lender and its CEO broke the regulators' rules by misleading investors.
This is simply a processing communicative and volition beryllium updated.
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