States’ Probe of Celsius Network Alleges ‘Massive Losses’ as Far Back as 2021

Vermont regulators alleged that bankrupt crypto platform Celsius Network LLC, by way of its chief govt, Alex Mashinsky, made false and deceptive claims to buyers concerning the agency’s monetary well being even because it suffered large losses.

The courtroom papers filed earlier this week cited an evaluation by securities regulators from a number of states into Celsius’ preliminary inside monetary data.