- All the Twitter neighborhood rejoiced after the arrest of Alex Mashinsky.
- YouTuber Coffeezilla says Celsius was a fraud lengthy earlier than Alex Mashinsky was arrested.
- Citizen journalist Tiffany Fong reminds her followers how Celsius tried to sue her for leaking data.
A number of crypto influencers took to Twitter at present to voice their opinions on the arrest of Alex Mashinsky, former CEO of bankrupt crypto lender Celsius. Stephen Findeisen, recognized to the crypto neighborhood as Coffeezilla, spoke in regards to the newest information on the arrest of Alex Mashinsky.
Findeisen, an American YouTuber and crypto journalist who uncovers scams and fraud, has been a vocal critic of Celsius. Three months earlier than information of Mashinsky’s arrest broke on March 6, 2023, Coffeezilla posted an in depth YouTube video. Within the video, he uncovered Celsius and known as it a billion greenback fraud, and accused Mashinsky of ruining many individuals’s lives.
Tiffany Fong, additionally a well known crypto influencer, has talked about Celsius intimately a number of instances. She has a YouTube playlist protecting each Celsius story that has occurred within the final 12 months.
As quickly as Mashinsky was arrested, she tweeted her pleasure and mentioned“ALEX MASHINSKY HAS BEEN ARRESTED FINALLY”, adopted by one other Tweeter“Have enjoyable in jail, Mashinsky.”
In her “Is Celsius Community Suing Me” YouTube video, Fong mentioned Celsius spent greater than $70,000 making an attempt to sue her. Fong mentioned she disclosed Celsius’s plan to reopen as Kelvin, their plan to show money owed into IOU tokens, Mashinsky’s transactions and his pockets addresses. However Fong defined that she had by no means labored at Celsius and hadn’t signed any NDAs, so she hadn’t damaged any legal guidelines.
The Celsius founder was arrested by the US Division of Justice (DOJ) on Thursday for defrauding prospects. Mashinsky was charged with conspiracy, securities fraud, market manipulation and wire fraud for manipulating the value of Celsius’s token, CEL.
In line with the DOJ indictment, Mashinsky and Roni Cohen-Pavon, the previous chief income officer of Celsius, “unlawfully manipulated the value of CEL, thereby forcing the general public to buy CEL at inflated costs, which personally benefited Mashinsky and Cohen-Pavon as a result of they have been secretly promoting their very own CEL at costs they knew didn’t replicate the true market worth of the token.
