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Founder of cryptocurrency lending platform Celsius Network arrested

Por: ABC7 World July 13, 2023

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The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges.Alexander Mashinsky founded Celsius in 2018 and positioned it as a stable, safe alternative to traditional financial institutions that would provide investors who held crypto assets financial freedom and economic opportunity.Instead, federal prosecutors alleged he was misrepresenting the company's financial health before it collapsed into... + full article



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