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2024-12-03 22:28:01

Molly White on Nostr: Celsius CEO Alex Mashinsky has entered a guilty plea in his criminal fraud trial, ...

Celsius CEO Alex Mashinsky has entered a guilty plea in his criminal fraud trial, which was scheduled to begin in about two months. His Celsius cryptocurrency platform collapsed in July 2022 after it couldn't meet customer withdrawal demands. Its failure was particularly devastating because it had actively marketed itself to customers as safer than banks, regularly telling customers that "banks are not your friends".

#Celsius #crypto #cryptocurrency

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