Odaily Planet Daily News: The criminal trial of Alex Mashinsky, former CEO of Celsius, is scheduled for September 17, 2024. Mashinsky was arrested in July of this year. The U.S. SEC sued Celsius and Mashinsky, accusing them of raising billions of dollars through fraudulent and unregistered sales of "crypto securities" and repeatedly lying to investors about Celsius' financial situation and manipulating the price of Celsius' native token CEL. The Commodity Futures Trading Commission (CFTC) also filed fraud charges against Mashinsky and Celsius. Celsius Chief Revenue Officer Roni Cohen-Pavon has also been criminally charged. It is reported that he pleaded guilty last month and agreed to cooperate with prosecutors in the Mashinsky case. (Bloomberg)