đź’¨ Abstract

The founder of the failed cryptocurrency lending platform Celsius Network, Alexander Mashinsky, faces up to 20 years in prison for deceiving customers and costing them billions. Prosecutors argue that Mashinsky misled customers, fabricating profitability and putting their funds at risk through uncollateralized loans and undisclosed market bets.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖

Powered by MessengerX.io