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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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Deutsche Bank invests in governance automation platform Kosli

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JPMorgan leads quantum computing arms race

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BNPL credit startup Qlarifi raises £1.4 million

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Goldman adopts measured approach to roll out of AI

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FCA hits London Metal Exchange with £9.2 million fine over nickel market meltdown

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Consumer coalition presses FCA to abandon e-mail deletion plans

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Monzo develops backup bank to cover outages

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Google Wallet lets kids make in-store payments

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Utila raises $18m for institutional digital asset wallets

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Fed working group suggests scams information sharing network

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XRP soars as SEC drops Ripple case

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Santander to shut almost a quarter of UK branch network

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Fiserv acquires CCV to boost growth across Europe

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Temenos to recruit 200 technology staff for new innovation hub in Florida

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Mena Banking-as-a-Service player NymCard raises $33 million

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Bakkt sees shares plunge as crypto firm loses major customers

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Revolut staffs up and carries out testing ahead of UK banking switch

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Klarna officially releases IPO prospectus; snags Walmart OnePay business

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Cash App integrates with Afterpay for BNPL at the checkout

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Klarna officially releases IPO prospectus; snatches Walmart OnePay business

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