CEO of bankrupt crypto lender Celsius is arrested after probe into its collapse – Daily Mail

CEO of bankrupt crypto lender Celsius is arrested after probe into its collapse as SEC also launches investigation into him

• Alex Mashinsky, 57, is being sued by three regulatory agencies for fraud after the collapse of his crypto lender last year 
• Celsius’ implosion left a $1.19 billion deficit according to bankruptcy filings
• It is the latest in a series of federal cases against crypto businesses after the industry went in to meltdown last summer  

By Alice Wright For Dailymail.Com

Published: 03:02 AEST, 14 July 2023 | Updated: 03:46 AEST, 14 July 2023