Description
The CFTC sues Celsius and founder and CEO Alexander Mashinsky for allegations of engaging in a scheme to defraud customers by misrepresenting the safety and profitability of its digital asset-based finance platform.
Legal Significance
This case has been stayed, pending the Government’s criminal trial against Mashinsky.
Status
Complaint Filed
Case No.
1:23-cv-06008
Date Filed
July 13, 2023
Plaintiff
CFTC
Defendant
Celsius Network LLCAlexander Mashinsky
Court
USDC Southern District of New York
Plaintiff Counsel
Jason GizzarelliPaul G. HayeckTraci Lynne RodriguezJonah Eric McCarthy
Defendant Counsel
-
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