🚨 Former Celsius CEO Alex Mashinsky will go on trial for fraud on September 17, 2024! 😱

Here's a summary of the news you need to know:
- Judge John Koeltl confirmed the trial date on Tuesday.
- Mashinsky is free on $40 million bail, but remains under electronic surveillance.
- He is accused of multiple counts of fraud and conspiracy related to the high-risk lending company Celsius.
- The FTC and SEC are also prosecuting the case.
- Mashinsky's defense team may argue that cryptocurrencies are not securities, which is still a legal issue in the US.

Let's share your thoughts on the case in the comments! Do you agree with the claim that cryptocurrencies are not securities? 🤔
#Mashinsky#Celsius#CryptoNews#Blockchain #Cryptocurrency