After a months-long investigation, ex-Celsius CEO Alex Mashinsky has been arrested on charges of fraud in connection with the company’s reported finances. The SEC has also filed charges against Celsius, alleging violations of securities laws.
Alex Mashinsky, former CEO of cryptocurrency lending startup Celsius, has been arrested and the US Securities and Exchange Commission (SEC) has filed against Celsius, report sources. Mashinsky has been associated with the company since its launch in 2017.
Breaking news: Former Celsius CEO, Stephen McNamara, has been arrested in connection with a fraud and securities violation lawsuit filed by the SEC.