Celsius Founder On Trial For Fraud – Can He Beat The Charges?

Quick Summary:

The trial of Alex Mashinsky, the former CEO of Celsius Network, has officially begun, marking a significant moment in the ongoing saga of one of cryptocurrency’s most notorious collapses.

Founded in 2017, it quickly gained popularity among investors seeking interest on their crypto holdings.

His defense team has argued that he did not intend to defraud anyone, claiming that his public statements and business practices were made in “good faith.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungarySingapore

Topics: Celsius Alex Mashinsky Crypto Crypto News Fraud

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 17:30:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22580044

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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