Judge denies ex-Celsius CEO’s bid to dismiss fraud, manipulation charges
A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.” Go to Source
Alex Mashinsky
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Former Celsius CEO to return to court on Nov. 13
Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges. Go to Source
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator. Go to Source
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete understanding that his legal representatives were also advocating for Mashinsky. … Read more
Alex Mashinsky’s jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. Go to Source
Celsius creditors vote in favor of reorganization plan
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors. Go to Source
Celsius Network files ‘adversary complaint’ against EquitiesFirst
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto. Go to Source
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform. Go to Source
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI. Go to Source
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court. Go to Source Powered by WPeMatico
