judgment on Mashinsky: Convention on raw material fraud and price manipulation after the collapse of Celsius

<p> <strong> judgment on Mashinsky: Convention on raw material fraud and price manipulation after the collapse of Celsius </strong> </p>

Celsius case: Mashinsky is convicted of fraud

On May 8, 2023, Alex Mashinsky, the founder of the Celsius cryptocurrency platform, will be condemned in New York. Mashinsky has guilty of acting in terms of raw material fraud and price manipulation. The fall of Celsius, which collapsed in 2022, led to a loss of $ 13 billion. This development not only affects the investors concerned, but also raises questions about regulating the crypto market and the integrity of financial platforms.

The case Mashinsky is a reminder for the entire industry. It highlights the risks associated with unregulated financial services and has significantly shaken the trust of investors in digital currencies and platforms. The process and the upcoming conviction could be seen as a turning point in the regulation of cryptocurrencies if authorities try to avoid similar cases in the future.

The Celsius bankruptcy has brought numerous investors into financial difficulties and is a significant incident in the history of cryptocurrencies, which shows the need for increased regulatory measures.