Alex Mashinsky, former CEO of collapsed crypto lender Celsius, pleaded guilty to fraud and market manipulation, accepting a 30-year prison sentence.

#CelsiusBankruptcy #CryptoCrime #AlexMashinsky #FinancialFraud #CryptoRegulation

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Celsius Unsecured Creditors Committee is proposing bringing charges against Alex Mashinsky and other Celsius execs for breach of fiduciary duty, breach of directors' duties, avoidance actions.

I've just skimmed it (it's 150 pages long) but it looks pretty heavily based in the recent examiner's report.

https://cases.stretto.com/public/x191/11749/PLEADINGS/1174902142380000000129.pdf

#Celsius #CelsiusBankruptcy

RT from Brandon Vigliarolo (@bviglia)

It’s nearly 500 pages, but the #CelsiusBankruptcy report is really worth a read to get the full picture of what a mess it was from the beginning. If you don’t want to read the full thing, I’ve summarized it here. #CryptocurrencyNews #bankruptcy

https://twitter.com/TheRegister/status/1620890444572786688

#bot
Original tweet : https://https://nitter.42l.fr/bviglia/status/1620936585134100480

The Register on Twitter

“Bankruptcy investigator concludes Celsius was cheating investors 'from the start' https://t.co/LmlKZqskpj”

Twitter

@[email protected]:

#CelsiusNetwork #CelsiusBankruptcy Judge to Kirkland “you can’t simply blow off objections by pro se creditors because you don’t like them.”

Totally agreed. This is what Kirkland has been doing as a matter of routine... Judge Glenn is on a rampage today! 🤘 👨‍⚖️

#Celsius #Business $CEL

@[email protected]:

#CelsiusNetwork #CelsiusBankruptcy Judge to committee “what’s the current status of your investigation into the Ponzi scheme?”

🥶

#Celsius #Business $CEL