Today news
About the same in other media
New York sues Celsius founder Mashinsky
Reading now: 288
finextra.comIn addition, the suit says, as Celsius lost hundreds of millions of dollars of assets in risky investments, Mashinsky misrepresented and concealed his firm's deteriorating financial condition. Mashinsky also failed to register as a salesperson for Celsius and as a securities and commodities dealer.Celsius filed for bankruptcy and suspended customer withdrawals in July, citing a $1.19 billion deficit on its balance sheet.
Mashinsky quit as CEO in September.James is seeking to ban Mashinsky from doing business in New York and require him to pay damages, restitution, and disgorgement. Says James: "The law is clear that making false and unsubstantiated promises and misleading investors is illegal.
Read more on finextra.comAbout this in other media
New York regulator hits Coinbase with $50m fine finextra.com /1 year ago
Coinbase reaches $100M settlement with NY regulators cointelegraph.com /1 year ago
Coinbase to pay $100 million to settle New York state investigation moneycontrol.com /1 year ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
