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: Crypto Court Cases
Jay-Z Battles with Dash in a Lawsuit Involving His Album’s NFT
Jay-Z and Damon Dash, co-founders of Roc-A-Fella Records, are in a legal fight involving non-fungible tokens (NFTs). It is not the first of such cases in the U.S. There have been more than half a dozen suits citing ownership and regulation of NFTs since the start of 2020. The asset has grown over the past year. OpenSea, the biggest NFT marketplace, soared from $8 million to $1 billion in just six months. The Lawsuit Filed Against Dash In June, Roc-A-Fella…
11 months ago 280
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