Ex-Celsius CEO Alex Mashinsky Arrested, SEC Files Against Celsius

The former CEO of Celsius Network – Alex Mashinsky – has been arrested Thursday morning, according to a recent report by Bloomberg.

• The report outlines that the arrest took place following a probe into the company’s collapse, and it cites a person familiar with the case.
• The latter has chosen to remain anonymous because the criminal case isn’t public.
• The SEC has also reportedly filed a lawsuit against Celsius Network and Alex Mashinsky.

This story is developing.

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