CFTC investigators have reportedly concluded that CelsiusNetwork and its former CEO Mashinsky broke a number of U.S. regulations in the lead up to its implosion in June last year.
Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapsed.from Bloomberg, citing sources familiar with the matter, the attorneys from the CFTC's enforcement division found that Celsius misled investors, failed to register with the appropriate regulator, and that Mashinsky broke a number of regulations.
The CFTC could reportedly file a case against the collapsed crypto lender in U.S. federal court sometime this month, if the majority of the CFTC commissioners agree with the investigators’ findings.
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