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Celsius estate alleges TrueUSD firms gambled customer deposits

Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins.

Alex Mashinsky’s prison listed as one of America’s ‘cushiest’

Celsius founder Alex Mashinsky will reportedly spend 12 years in a facility described as “Bernie Madoff’s desired retirement home.”

Mashinsky’s lawyers argued that a 15-year sentence would be “too much,” and that his deeds aren’t comparable to other scams like OneCoin.

Ionic Digital, which purchased crypto mining assets from Celsius’ bankruptcy, has seen seven directors resign.

Former Celsius CEO Mashinsky claims his current legal obligations have put him in an “untenable situation” that requires a sentencing delay.