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Two law firms made over $200M from FTX, Celsius, and other crypto busts

Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.

Mashinsky charged by DoJ, CFTC, SEC, and FTC year on from Celsius bankruptcy

It’s alleged that Mashinsky misrepresented the success of Celsius Network to investors and manipulated the price of its CEL token.

Celsius founder Alex Mashinsky objects to NYAG blaming him for Celsius’ downfall, instead citing circumstances beyond his control.

Celsius has filed court docs against founder Alex Mashinsky alleging millions lost to fraud as it reached a deal to sell its retail platform.

A judge-appointed independent investigator has said Celsius used millions of client funds to keep its Ponzi scheme running.