Celsius

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 Alex Mashinsky, the former CEO of cryptocurrency exchange Celsius Network, was <a href="https://twitter.com/tier10k/status/1679471647366041601" rel="noopener noreferrer nofollow">arrested</a> this morning, according to Bloomberg. 
 The news comes shortly after an announcement that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against both Celsius Network and Mashinsky himself. 
 Mashinsky and Celsius Network have been under scrutiny since the company filed for bankruptcy in July 2022, after losing billions of dollars in value. 
 It is alleged that Mashinsky falsely claimed that Celsius was in a strong financial position despite the massive losses from risky crypto-lending investments. 
 Mashinsky stepped down from his position as CEO in September 2022.&nbsp;His arrest and the SEC's lawsuit represent the latest developments in a saga that continues to send shockwaves through the crypto industry. 
 This is a developing news story. Stay tuned for more updates.&nbsp;
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Breaking: Former Celsius CEO Arrested

U_Today

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