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- The general Twitter neighborhood rejoiced after Alex Mashinsky’s arrest.
- YouTuber Coffeezilla says Celsius was a fraud lengthy earlier than Alex Mashinsky’s arrest.
- Citizen Journalist Tiffany Fong reminds followers of how Celsius tried to sue her for leaking data.
A number of crypto influencers took to Twitter right now to voice their opinions concerning the arrest of Alex Mashinsky, former CEO of bankrupt crypto lender Celsius. Stephen Findeisen, recognized to the crypto neighborhood as Coffeezilla, spoke concerning the newest Alex Mashinsky arrest information.
Findeisen, an American YouTuber and crypto journalist who uncovers scams and fraud, has been a vocal critic of Celsius. Three months earlier than the information of arresting Mashinsky, on March 6, 2023, Coffeezilla posted an in depth YouTube video. Within the video, he uncovered Celsius and referred to as it a billion-dollar fraud, and accused Mashinsky of ruining the lives of many individuals.
Tiffany Fong, additionally a well known crypto influencer, has talked about Celsius intimately a number of instances. She has a playlist on YouTube overlaying every story about Celsius that occurred within the final yr.
As quickly as Mashinsky was arrested, she tweeted her pleasure and stated, “ALEX MASHINSKY HAS BEEN ARRESTED AT LAST,” and adopted up with one other tweet, “Have enjoyable in jail, Mashinsky.”
In her “Is Celsius Community Suing Me” YouTube video, Fong stated that Celsius spent over $70,000 in an try to litigate her. Fong said that she leaked Celsius’s plan to reopen as Kelvin, their plan to show the money owed into IOU tokens, Mashinsky’s transactions, and his pockets addresses. However Fong defined that she by no means labored in Celsius, and didn’t signal any NDAs, so she didn’t break any legal guidelines.
The founding father of Celsius acquired arrested on Thursday by the U.S. Division of Justice (DOJ) for defrauding clients. Mashinsky acquired charged with conspiracy, securities fraud, market manipulation, and wire fraud for manipulating the worth of Celsius’s token, CEL.
In keeping with the DOJ’s indictment, Mashinsky and Roni Cohen-Pavon, Celsius’s former Chief Income Officer, “illicitly manipulated the worth of CEL, thereby inflicting the general public to buy CEL at inflated costs, which personally benefitted Mashinsky and Cohen-Pavon as a result of they had been secretly promoting their very own CEL at costs that they knew didn’t mirror the token’s true market worth.”