lawsuit

  • Celsius creditor committee proposes to sue Celsius Lianchuang and other senior executives

    According to the report, the official committee of Celsius creditors proposed to sue Alex Mashinsky, the co-founder of Celsius, and other senior executives, accusing them of “fraud, recklessness, serious mismanagement and self-interest”, which eventually led to the collapse of this cryptocurrency lending institution. In a lawsuit filed with the New York Bankruptcy Court on February 14, the lawyer said that the negligent and reckless investment of these executives led to a loss of $1 billion for Celsius in one year, while mismanagement led to another loss of $2.5 billion. Since…

    02/15/2023
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