A federal court in New York has frozen the assets of Alexander Mashinsky, the former CEO of the now-bankrupt crypto lending company Celsius Network. Unsealed documents disclosed on Sept. 5 reveal that the court has targeted Mashinsky’s bank accounts and
As a Wall Street Journal reported, Celsius Network, the beleaguered cryptocurrency lender, is nearing the completion of court settlements that could pave the way to recovering its customer assets. The development follows tumultuous times for the company after filing for Chapter 11
Alex Mashinsky, the founder and former CEO of Celsius Network, is in police custody following his arrest on Thursday. Mahinsky faces multiple fraud charges, joining a growing list of former crypto CEOs in trouble with the law – including Sam
In the wake of high-profile bankruptcies and regulatory actions that have left the cryptocurrency lending industry reeling, Coinbase Global Inc. is stepping in to fill the void. Through its Prime service, the U.S.-based exchange aims to attract institutional investors with
Ben Armstrong (Bitboy Crypto) was arrested earlier this week following an ‘unhinged’ rant outside the home of former employee Carlos Diaz. Armstrong accused Diaz of threatening his life, of ties to the ‘black mafia,’ and of stealing his Lamborghini. Armstrong
Terra Luna Classic’s community is inclined to burn a colossal 800 million USTC tokens, a decision underscored by the inactivity surrounding the Ozone Protocol’s initially proposed development plan. The original intent of the Ozone Protocol, the brainchild of Terra co-founder
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