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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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Crypto exchange OKX hit with $505m penalty over AML violations

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Avalanche launches Visa crypto card

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Lloyds hires Amazon exec to head up mortgages division

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Indian government signs MoU with Paytm to promote fintech

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SEC drops another crypto case

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GoCardless partners Pipe to offer SMEs capital financing

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PayPal partners Verifone for in-person payments push

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Treasury management fintech Embat buys Necto

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Revolutionising payments: How NextGen Nordics will lead the charge in 2025

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Zopa moves to bigger London office

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HSBC invests €36m in London fintech ClearScore

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Taurus launches private token standard for banks

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Bank of Ireland to cut jobs in efficiency drive

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Asia to dominate global fintech market – report

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Monument Bank partners with Firenze for Lombard lending access

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SEC drops Robinhood Crypto investigation

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Frank founder’s trial begins over JPMorgan deal

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UK court approves $200m Mastercard settlement

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UK Government mulls abolishment of Payment Systems Regulator

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DBS to shrink workforce by 10%

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