Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: Ban Binance
Filipino Thinktank Pressures Regulators to ‘Immediately Ban’ Binance
Filipino policy institute, Infrawatch PH has filed a complaint to the SEC regarding Binance’s alleged illegal operations within the region. The latest filing will be the institute's second attempt to push for a Binance investigation this month. “Doing Business Without License” The think tank called for the watchdogs to launch an investigation into the crypto exchange platform. In their 12-page filing, they outlined a series of infractions for which they believe the SEC should hold Binance liable. To start with,…
3 weeks ago 266
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