Trial Coming Up for Former Celsius CEO over Alleged Fraud, Reuters Reports
At a hearing in the United States District Court for the Southern District of New York, Judge John Koeltl said the fraud trial of former Celsius CEO Alex Mashinsky is set to happen on September 2024, with three pre-trial conferences coming at regular intervals in March, July and September.
Mashinsky’s legal argument, synopsized by defense lawyer Robert Frenchman, draws a closer look into whether cryptocurrencies are account rescindable securities. For the time being sure, Knock resides released on $400 million bail; his travel coven and financial transactions still restricted, much though.
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