New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by concealing the failing health of his now-bankrupt cryptocurrency lending platform.

Reuters

United Kingdom

New York sues Celsius Network founder Mashinsky, alleges fraud

NEW YORK (AP) — The former CEO of the failed cryptocurrency lending platform Celsius Network misled investors, leading them “down a path of financial ruin," New York Attorney General Letitia James said Thursday in a lawsuit against Alex Mashinsky that seeks to ban him from doing business in the state.

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NY sues over alleged fraud at failed crypto lender Celsius

New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he schemed to defraud hundreds of thousands of investors by inducing them to deposit billions of dollars with his now-bankrupt cryptocurrency lending platform.

The Woodbridge Company

The lawsuit alleges that the former crypto executive defrauded hundreds of thousands of investors while leading Celsius.

abc News

The Walt Disney Company

Former CEO of crypto firm Celsius sued in New York over alleged fraud

New York Attorney General Letitia James said Alex Mashinsky, a co-founder of Celsius, ‘engaged in a scheme to defraud hundreds of thousands of investors’.

South China Morning Post

Alibaba Group

Hong Kong

Former CEO of failed cryptocurrency lender Celsius sued for fraud

NEW YORK :New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he schemed to defraud hundreds of thousands of investors by inducing them to deposit billions of dollars with his now-bankrupt cryptocurrency lending platform.Mashinsky was accused of promoting Celsius as a

Channel News Asia

Government of Singapore

Singapore

New York Attorney General Letitia James sued former Celsius CEO Alex Mashinsky, alleging that he defrauded his clients at the $20 billion crypto exchange.

CNBC

Roberts family

New York AG accuses Celsius ex-CEO Alex Mashinsky of defrauding hundreds of thousands of crypto investors in $20 billion collapse

NEW YORK (AP) — The former CEO of the failed cryptocurrency lending platform Celsius Network misled investors, leading them “down a path of financial ruin,” New York Attorney General Letitia James said Thursday in a lawsuit against Alex Mashinsky that seeks to ban him from doing business in the state. In her lawsuit filed in…

The Hill

Nexstar Media Group

Washington

District of Columbia

New York Attorney General Letitia James claims Alex Mashinsky, the former CEO of cryptocurrency lending platform Celsius Network, defrauded hundreds of thousands of investors, including more than 26,000 New Yorkers, out of billions of dollars worth of cryptocurrency. The lawsuit alleges that Mashinsky lied to investors, concealed Celsius’s deteriorating financial condition, and failed to register as required by state ...Full story available on B…

Benzinga

New York

Former Celsius CEO Faces Lawsuit By NY AG For Alleged Investor Fraud Scheme

Winnipeg Free Press

Winnipeg

Manitoba

Canada

Former CEO of failed crypto lender Celsius sued for fraud

New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by concealing the failing health of

IBTimes

IBT Media

New York Sues Celsius Network Founder Mashinsky For Defrauding Crypto Investors

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New York sues Celsius Network founder Mashinsky, alleges crypto fraud

New York sues Celsius Network founder Mashinsky, alleges crypto fraud

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