Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Share:
More In Business
Today’s Inflation Report Is Great News If You Want Lower Rates
With a cooler-than-expected inflation report, the chances of a rate cut in September just ticked higher, this analyst says.
Dog fight! Joey Chestnut Out of July 4th Hot Dog Eating Contest
Organizers said that the 40-year-old struck a deal with a competing brand. That's a red line for the Nathan’s-sponsored event.
Apple Intelligence Will Give Your iPhone an IQ Boost
Apple is going all-in on A.I. features, from conversational Siri prompts to custom emojis... but will it be enough to get consumers hooked?
Overall, the Economy Holds Up, But Some Americans Are ‘Struggling’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Credit Card Delinquencies Are Rising. What To Do if You’re at Risk
The share of credit card debt that’s more than 90 days overdue rose to 10.7% during the first quarter of 2024.
Nvidia’s Q1 Highs Lift Markets, But Consumer Spending Slowdown Looms Large
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
Robinhood's $200M Bitstamp Buy: Crypto Ambitions Soar Higher
Robinhood's largest-ever $200m acquisition of Bitstamp accelerates its crypto expansion, challenging Binance and Coinbase.
The Case for Zero Rate Cuts in 2024 – And Why That’s a Good Thing
Barron’s latest cover story suggests the data will not support the Fed cutting rates this year. That means the economy is working.
Class-Action Lawsuit Against NFL by ‘Sunday Ticket’ Subscribers Begins
The suit alleges the NFL broke antitrust laws when it allowed DirecTV to exclusively sell the “Sunday Ticket” package of out-of-market Sunday games.
