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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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DBS to shrink workforce by 10% as AI takes hold

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The AA opens for savings and loans with NatWest embedded finance partnership

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Nexi to connect German merchants to EPI’s Wero wallet

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Coinbase says SEC has agreed to drop enforcement case

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Bybit wallet hack sees crooks nab $1.4bn in ETH

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UK government issues tender to bring open banking to Gov.UK Pay

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Forbes debuts 18 new firms to Fintech 50 list

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Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

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Securities and Futures Commission unveils roadmap to make Hong Kong a global virtual asset hub

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Crunchbase declares historical data dead; relaunches as AI-powered predictions engine

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Capital on Tap scores £750m in funding facilities

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Chase to restrict Zelle payments stemming from social media

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ECB investigates settlement of DLT-based transactions in central bank money

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SEC creates Cyber and Emerging Technologies Unit

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Revolut doubles down on hybrid working

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Varo closes on $29 million capital raise

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Singapore records surge in mobile wallet scams

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Compliance professionals split over value of AI

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CommBank’s x15Ventures invests in Xccelerate winner Gable

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Apple and Google to face UK digital wallet competition scrutiny

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