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News Explorer — Ice Cold: Feds Freeze Celsius Founder Alex Mashinsky's Assets

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Sep 6, 6:37 pm
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Ice Cold: Feds Freeze Celsius Founder Alex Mashinsky's Assets

The Department of Justice has ordered the freezing of Alex Mashinsky's bank accounts, including those at Goldman Sachs, Merrill Lynch, First Republic Securities, SoFi Bank, and SoFi Securities. Mashinsky, the alleged crypto conman and former CEO of Celsius Network, is facing seven criminal charges related to fraud and misleading investors. The Securities and Exchange Commission, Commodity Futures Trading Commission, and Federal Trade Commission have also filed civil charges against Celsius, accusing the company of selling unregistered securities and providing false information to customers.

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