July 13 officers had been arrested Aleksas Mashinskis, former CEO of Celsius Community. He faces legal and civil expenses for his work at a cryptocurrency lending platform he helped present in 2017.
Whereas Mashinski’s potential legal trial and Celsius’ indictment are ongoing, this week’s occasions had been a end result for a lot of cryptocurrency customers affected by the platform’s collapse. It’s doubtless that earlier than 2022 Celsius has struggled because the collapse of the cryptocurrency market, however its collapse has highlighted the instability of the lending platform.
Proceed studying Coin Telegraph.
