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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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Berlin-based startup Integral raises €6.3 million

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Zeta grows valuation to $2 billion on $50 million funding round

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Nigeria’s Raenest secures $11 million Series A; Ghana’s Affinity snags $8 million

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HSBC back up after outage

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HSBC goes down

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TD Bank to offload $14bn Charles Schwab stake

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Klarna inks JPMorgan Payments deal to expand merchant services offering

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Sardine raises $70m for AI fraud platform

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Plaid and Stripe to join secondary share sale jamboree

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Datalign raises $9m for AI-powered financial advisory tech

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Big banks pump $26 million into investor communications platform Proxymity

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Alabama man pleads guilty to SEC X hack

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ETFbook raises €4m

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Australia’s AMP taps Starling tech for SMB digital bank

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BNPL platform Tabby hires banks for IPO

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CommBank and Telstra combine to battle identity theft

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Lloyds blasted by Union over IT restructuring programme

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BNY sends largest instant payment in US history

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MPs to quiz bank bosses over IT outages

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Union files suit over CFPB shutdown

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