HomeUncategorizedWeekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more By Cointelegraph

Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more By Cointelegraph

August 7, 2023

[ad_1]



Celsius’ Mashinsky motion to dismiss denied

The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky, is back on track to face a civil fraud lawsuit after a New Yor judge denied his motion to dismiss the case.

A court order issued on Aug. 4 by New York County Supreme Court Justice Margaret Chan denied Mashinsky’s motion to dismiss the suit originally brought by New York Attorney General Letitia James in January.

Screenshot from denial filing. New York v. Mashinsky, New York State Supreme Court. No. 450040/2023. Source: New York State Supreme Court

Judge dismisses class action suit

China cracks down on telecom fraud, targeting crypto

Worldcoin touts user growth

Also making news