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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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Monzo COO Bhatia steps down

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JPMorgan Chase CEO calls for Washington to rethink financial regulations

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HSBC to make investment banking job cuts starting in Asia – Bloomberg

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Zepz to axe 200 jobs – CNBC

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Mastercard launches AI-powered AML service in Asia Pacific

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NextGen Nordics 2025 agenda to cover DORA, VoP, CBDC, instant payments, fraud, and GenAI

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Commerzbank to cut 3900 jobs

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EToro files for IPO

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OneID scoops new funding from ACF Investors

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Danish fintech Ageras buys Storebuddy

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Citi and PayPal join $18.5 million round in Finmo

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Citi Flex Pay comes to Apple Pay

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Third of central banks delay CBDC timelines

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EC proposes 2027 migration to T+1

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Nordnet disables app after customers were logged into wrong accounts

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Stripe alumni raise $6m for AI-powered ‘wealthcare’

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Affirm and FIS partner to let banks offer BNPL via debit cards

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Denmark’s Netcompany to buy core banking vendor SDC

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Bitpanda gets FCA greenlight for UK expansion

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Tabby valuation more than doubles to $3.3 billion on $160 million investment round

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