Alex Mashinsky and crypto lender Celsius Network face multiple charges, including propping up the value of the company’s token.
The cryptocurrency lender argued that its advisers have been struggling to reconcile the records of the UK affiliate, called Celsius Network, and Hoboken
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Mashinsky falsely claimed that Celsius was safer than a bank and only lent assets to credible entities, the lawsuit said
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There's a more fundamental legal question: What rights do crypto banks, brokerages or exchanges have over their customers’ coins?
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Much of the technology needed to solve crypto firms' book-keeping problems 'hasn't been built yet'
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Your guide to the wild world of fintech and crypto this week
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Filings show that Mashinsky’s wife Kristine Mashinsky and former chief strategy officer Daniel Leon withdrew more than $2m and roughly $7m worth of tokens respectively
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