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$40 billion-plus crypto fraud scheme results in 15-year prison sentence for its creator — nine criminal counts include wire fraud and money laundering
Do Kwon, the project's South Korean leader, was sentenced to 15 years in prison in the aftermath of a scheme that caused an ...
Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts of ...
The potential successor to the defunct cryptocurrency lender, Celsius (CRYPTO: CEL) revealed its intentions to restart the business without any funded debt and with an initial funding of up to $450 ...
Alex Mashinsky, the disgraced founder and ex-CEO of cryptocurrency lender Celsius Network, admitted guilt to two counts of fraud on Tuesday. What Happened: Despite his initial plea of not guilty, ...
Celsius Network, the former cryptocurrency lender, ended its bankruptcy case on Thursday after a judge ruled in favor of its plan to become a creditor-owned bitcoin mining company, over a year after ...
NEW YORK, Nov 9 (Reuters) - Crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that will return cryptocurrency to customers and create a new company owned ...
Investment group Fahrenheit will manage NewCo, pledging $50 million for an equity position. The restructuring involves distributing $2 billion in Bitcoin and Ethereum to creditors promptly. Unlock ...
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