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Celsius hit with fraud charges as regulators’ crypto crackdown continues
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fnlondon.comIf there was any doubt that regulators are concerned about possible manipulation in the crypto market, charges unveiled by government agencies against crypto lender Celsius Network just laid them to rest.
The Securities and Exchange Commission in a complaint early 13 July accused Celsius and then-chief executive Alex Mashinsky of various charges, including a multiyear scheme to prop up the value of the company’s internal token, called CEL.
The...
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