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: DNB
Dutch Central Bank Slams Binance with $3.3M Fine for Illegal Operations
Leading exchange firm Binance is facing a 3M euro charge from the central bank of the Netherlands (DNB) for operating without permission from regulators. Binance Breaks Dutch Regulatory Requirements Today, the institution shared a release noting details of the exchange’s violations and the ensuing fine. According to the report, Binance offered crypto services within the jurisdiction without obtaining a license from the DNB. As this is prohibited, the major bank imposed a fine over 2 months ago on the 25th…
4 weeks ago 
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