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2023-07-17 13:21:24

SPERRY on Nostr: Former Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud ...

Former Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud charges, a source told CNBC, as the bankrupt crypto exchange agreed to pay a $4.7 billion settlement with government regulators.

The settlement, announced by the FTC, will not be paid until the company is able to return "what remains" of customer assets in bankruptcy proceedings.



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