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Alex Mashinsky Arrested on Fraud Charges

Reading Time: 2 minAlex Mashinsky, the former CEO of Celsius Network, was arrested on charges of securities fraud, wire fraud, and commodities fraud. The charges allege that Mashinsky and Celsius misled investors about the company’s financial health and used customer deposits to prop up the price of its own cryptocurrency token, CEL.

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Crypto Fugitive Do Kwon Arrested in Montenegro Months After $40B TerraUSD Collapse

Reading Time: 2 minDo Kwon, co-founder of the Terra network and a prominent figure in the cryptocurrency industry, has been arrested in Montenegro months after the collapse of TerraUSD, a stablecoin project he was involved in. The collapse led to losses of around $40 billion for investors, and Kwon had been on the run since then. His arrest has sent shockwaves through the industry and raised questions about the regulation of stablecoins and the wider cryptocurrency industry.

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