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Ex-Celsius CEO Mashinsky gets 12-year sentence for crypto fraud

May 10th 2025

Alexander Mashinsky, the former CEO of crypto firm Celsius Network, has been sentenced to 12 years in prison for commodities fraud and securities fraud.

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UK tipping app launches

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U.S. Bank: New technology is not always the answer to customer need

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FDIC says banks don’t need prior approval for crypto activities

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10x opens exploratory talks over possible sale

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UK to raise deposit protection limit to £110,000

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Ziglu launches Crypto on Card

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PrimaryBid in talks over discounted sale

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Frank founder Javice found guilty of defrauding JPMorgan

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European payment schemes turn on instant cross-border money transfers

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PayPal invests in Latin American spend management platform Mendel

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Galaxy Digital reaches $200m settlement over Luna token

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US Bank: New technology is not always the answer to customer need

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Vishing fraud up 79% in 2025 – AIB

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Axis Bank and JP Morgan launch blockchain-based 24/7 cross border payments

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Australia’s CommBank opens collaborative Tech Hub in Seattle

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CFPB set to ditch BNPL rule

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Standard Chartered launches GenAI tool worldwide

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ICE partners Circle to explore stablecoin uses

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Robinhood moves into wealth management and private banking

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AI compliance platform Flagright raises $4.3 million

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