Alex Mashinsky and crypto lender Celsius Network face multiple charges, including propping up the value of the company’s token.
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The cryptocurrency lender argued that its advisers have been struggling to reconcile the records of the UK affiliate, called Celsius Network, and Hoboken
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Mashinsky falsely claimed that Celsius was safer than a bank and only lent assets to credible entities, the lawsuit said
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There's a more fundamental legal question: What rights do crypto banks, brokerages or exchanges have over their customers’ coins?
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Much of the technology needed to solve crypto firms' book-keeping problems 'hasn't been built yet'
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Your guide to the wild world of fintech and crypto this week
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Filings show that Mashinsky’s wife Kristine Mashinsky and former chief strategy officer Daniel Leon withdrew more than $2m and roughly $7m worth of tokens respectively
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