๐จEx-Celsius Network CEO Alex Mashinsky faces a lawsuit from NY Attorney General Letitia James, alleging civil fraud and misleading investors about the lender's financial health๐. Judge Margaret Chan found evidence linking Mashinsky's actions to investors' financial losses๐ธ. The ruling allows specific claims under the Martin Act to proceed and classifies Celsius Network's "earned interest accounts" as securities under state law๐. This highlights ongoing regulatory complexities in the crypto world๐. What do you think about the lawsuit? Share your thoughts below๐!