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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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SC Ventures sells Indian incubated supply chain finance platform Solv

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GreenFi launches climate-friendly consumer financial brand

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Mastercard joins $12 million Series A in Australian fintech WeMoney

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Salsa lands $20m for embedded payroll

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Latin American AR SaaS platform Toku raises $48m

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Discover hit with $1.2 billion restitution order over interchange fees

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Circle lines up banking partners for stablecoin-based Swift competitor

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10x Banking unveils suite of core banking AI products

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Investing.com unveils AI-driven financial researcher

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Central banks go to tender for cross-border payments network operator

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BNY strengthens compliance with Behavox Quantum

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Barclays strikes deal with Brookfield to offload payments business

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Global Payments to buy Worldpay for $22.7bn; sell Issuer Solutions to FIS

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Swift rolls out investigation tool to track late payments

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Bolt launches SuperApp combining one-click crypto and everyday payments

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Google used AI to banish half a billion scam ads in 2024

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Big banks join $63m funding round for Luma

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Wise launches ‘Spend with Others’ feature

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Latin American open finance platform Belvo raises $15m

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US Judge throws out CFPB’s cap on credit card late fees

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