📢 The fraud trial of former Celsius CEO Alex Mashinsky will begin on September 17, 2024! 🏛️
- U.S. District Judge John Koeltl confirmed there will be three preliminary hearings in March, July and September.
- Mashinsky will remain free on $40 million bail, but faces major restrictions on electronic monitoring and spending over $10,000.
- Defense lawyers are considering arguing that cryptocurrencies are not securities.
Celsius creditors have approved a restructuring plan that will return the new company's shares with nearly $2 billion worth of Bitcoin (BTC) and Ethereum (ETH).
- U.S. District Judge John Koeltl confirmed there will be three preliminary hearings in March, July and September.
- Mashinsky will remain free on $40 million bail, but faces major restrictions on electronic monitoring and spending over $10,000.
- Defense lawyers are considering arguing that cryptocurrencies are not securities.
Celsius creditors have approved a restructuring plan that will return the new company's shares with nearly $2 billion worth of Bitcoin (BTC) and Ethereum (ETH).