New York AG accuses Celsius ex-CEO Alex Mashinsky of defrauding hundreds of thousands of crypto traders in $20 billion collapse

New York AG accuses Celsius ex-CEO Alex Mashinsky of defrauding hundreds of thousands of crypto traders in billion collapse

Key Factors

New York legal professional common Letitia James promises that previous crypto CEO Alex Mashinsky defrauded thousands of investors, lying to them about the extent of losses at his now bankrupt crypto trade Celsius.
James seeks to bar Mashinsky from operating in the securities business or as an govt in New York condition, and to compel him to disgorge property.
The match was introduced under the Martin Act, which gives point out prosecutors popular authority to look into securities fraud and probably create a felony case.

Resource

Finance

Stocks making the biggest moves premarket: Nvidia, Caterpillar, Generac, Caesars Entertainment & more

October 29, 2025

Check out the companies making headlines in premarket trading. Nvidia — Shares climbed 3.5% in Wednesday’s premarket trading, building on the rally of around 5% seen in the prior session. The chipmaker is now closing in on the $5 trillion market cap milestone , which no other company has hit before. Boeing — The aerospace […]

Finance

Stocks making the biggest moves after hours: Visa, Seagate, Caesars Entertainment, Mondelez and more

October 28, 2025

Check out the companies making headlines after hours. Visa — Shares rose 1% after the payments company reported fourth-quarter results that exceeded expectations on the top and bottom lines. Visa posted adjusted quarterly earnings of $2.98 per share on revenue of $10.72 billion. Analysts polled by LSEG had expected per-share earnings of $2.97 on revenue […]

Finance

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

October 28, 2025

Key Points Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point at its meeting this week. Beyond that, policymakers are likely to debate the future path of reductions, the challenges posed by a lack of economic data and the timetable for ending the […]