The US Securities and Exchange Commission (SEC) has filed a lawsuit against bankrupt crypto lending platform Celsius Network (CEL) and its former CEO Alex Mashinsky.
According to a recent report by Bloomberg, the US regulatory agency SEC, Celsius Network and old CEO Alex MashinskyHe announced that he was suing. SEC, Mashinsky fraud And crypto- money your price manipulate by doing blamed. As part of Alex Mashinsky’s investigation this morning he was arrested is alleged.
to the SEC’s case US Department of Justice (DOJ), US Commodity Futures Trading Commission (CFTC) And US Trade Commission (FTC) was also included.
SEC, Celsius’ native token CEL securities This product, which is put on the market without being registered with the regulator, is described as crime to the scope that you entered stressed. In a file shared about the case, Mashinsky’s illegal sale of cryptocurrencies thanks to billions dollar allegedly collected.
In addition, the SEC claimed that Celsius was shown to be more valuable and successful than it was. investors and the public are deceived. stated.
According to Celsius Network’s bankruptcy filing, about 4.7 billion dollars debt exists. This application also More than 100,000 creditors and some of them lend cash to the platform without any collateral.
Among Celsius’ top 50 unsecured creditors Sam Bankman-Fried trading firm Alameda Research And in the Cayman Islands owns an investment firm.
Celsius Network was one of the crypto money companies that attracted attention with its bankruptcy last year. The company that puts its assets up for auction after its bankruptcy 2 billion dollars cryptocurrency investment consortium Fahrenheit Bought by.
On the other hand, in January of this year Attorney General’s office in New YorkCelsius’s former CEO Alex Mashinsky has declared that it is suing for fraud.