ChainCatcher news, according to Inner City Press, former Celsius CEO Alex Mashinsky has pleaded guilty to two charges and requested to postpone the trial by one month to May 8. The U.S. Attorney's Office has not yet agreed to this.

ChainCatcher news, according to Reuters, Alex Mashinsky, the founder and former CEO of the cryptocurrency lending platform Celsius Network, pleaded guilty to two counts of fraud on Tuesday.The 59-year-old Mashinsky was indicted on July 13, 2023, on seven counts of fraud, conspiracy, and market manipulation. Federal prosecutors in Manhattan stated that he misled Celsius's customers, enticing them to invest, and artificially inflated the value of the company's proprietary cryptocurrency. He pleaded not guilty to these charges on that day.During Tuesday's hearing, Mashinsky stated that he pleaded guilty to two of the original seven charges: commodity fraud and a fraudulent scheme to manipulate the price of CEL (Celsius token).In court, Mashinsky admitted that during an interview in 2021, he provided "false comfort" to Celsius customers by claiming that Celsius had received regulatory approval for its Earn program, when in fact it had not been approved. The program promised to use customers' cryptocurrency to generate investment returns.

ChainCatcher news, according to Cointelegraph, former CEO of the crypto platform Celsius, Alex Mashinsky, is facing criminal charges in the United States. His representative lawyer has lost the case and failed to dismiss two charges related to commodity fraud and manipulation of the CEL token price.In documents submitted to the U.S. District Court for the Southern District of New York on November 8, Judge John Koeltl ruled that Mashinsky's legal team's arguments for dismissing the charges were "either irrelevant or without merit." The judge denied the motion to dismiss the two charges, leaving seven charges still in the indictment against Mashinsky, with the trial scheduled to begin in January 2025.

ChainCatcher news, according to Bloomberg, the criminal trial date for former Celsius CEO Alex Mashinsky is set for September 17, 2024. Mashinsky was arrested in July this year, and prosecutors allege that Mashinsky deceived customers and misled them about the profitability of the cryptocurrency lending institution.Previously, former Celsius Chief Revenue Officer Roni Cohen-Pavon had pleaded guilty to four criminal charges, including manipulating the price of the platform's token CEL.

ChainCatcher news, according to CoinDesk, court documents released on Tuesday reveal that the bank and real estate assets of former Celsius CEO Alex Mashinsky have been ordered to be frozen.In July of this year, the U.S. Securities and Exchange Commission, the U.S. Department of Justice, the U.S. Commodity Futures Trading Commission, and the U.S. Federal Trade Commission all filed lawsuits against Celsius Network and Alex Mashinsky.

ChainCatcher news, according to a report by Reuters, Alex Mashinsky, the founder and former CEO of Celsius Network, pleaded not guilty on Thursday to fraud charges brought by multiple U.S. regulators, which allege that he misled customers and artificially inflated the value of the company's cryptocurrency. An indictment released earlier on Thursday shows that Mashinsky is facing seven counts, including securities fraud, commodities fraud, and telecommunications fraud.Previous news, the U.S. Securities and Exchange Commission (SEC), the Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC) have all filed lawsuits against Celsius Network and its former CEO Alex Mashinsky in the past hour. (Source link)

According to ChainCatcher news and Lookonchain data, former Celsius CEO Alex Mashinsky sold all 90,000 CEL for 48,018 USDC on February 11, and then deposited all 48,018 USDC into Coinbase.Currently, Alex Mashinsky's 9 wallets hold only about 5,000 dollars in assets. (source link)

ChainCatcher News: The U.S. Securities and Exchange Commission (SEC), Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC), and Federal Trade Commission (FTC) have all filed lawsuits against Celsius Network and its former CEO Alex Mashinsky in the past hour. (Source link)

ChainCatcher news, according to Bloomberg, the U.S. SEC filed a lawsuit against Celsius Network and its former CEO Alex Mashinsky in federal court in Manhattan on Thursday.It is reported that former CEO of Celsius, Alex Mashinsky, was arrested on Thursday morning local time. (Source link)

Chain Catcher news, according to The Block, former Celsius CEO Alex Mashinsky withdrew $10 million in May, most of which was used to pay state and federal taxes.It is reported that Celsius froze user withdrawal functions on June 12 and subsequently announced bankruptcy. Mashinsky resigned as the company's CEO on September 27 and will participate in the company's development as an advisor. (The Block)