Alex Mashinsky, founder and former CEO of Celsius Network, has pleaded guilty to fraud charges stemming from allegations of misleading investors and mishandling company funds. Prosecutors accused Mashinsky of orchestrating schemes that misrepresented the platform's financial health, leading to substantial investor losses when Celsius collapsed in 2022. The plea marks a significant development in regulatory efforts to address misconduct in the crypto industry. Celsius, once a leading crypto lending platform, filed for bankruptcy, sparking widespread scrutiny of its operations. Mashinsky’s guilty plea could result in severe penalties and may further erode trust in centralized crypto platforms.
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BCH
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USD1
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USDE
$0.999599
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GRAM
$1.36
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Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
