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asteroids
@asteroids
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Crypto investor & enthusiastic science fiction reader
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2019-07-21 02:31
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asteroids
LeoFinance
2023-07-13 16:40
RE: LeoThread 2023-07-13 14:43
10/ The DOJ also struck a non-prosecution deal with Celsius itself. The company admitted its role in the allegedly fraudulent scheme and agreed to cooperate with the investigation.
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asteroids
LeoFinance
2023-07-13 16:40
RE: LeoThread 2023-07-13 14:43
9/ Then comes the DOJ's indictment against Mashinsky and Roni Cohen-Pavon, the latest chapter in the Celsius saga. The indictment accuses Mashinsky of misleading public statements about his own sales of
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LeoFinance
2023-07-13 16:40
RE: LeoThread 2023-07-13 14:43
8/ The CFTC also pointed fingers at Celsius and Mashinsky, alleging a "scheme to defraud hundreds of thousands of customers by misrepresenting the safety and profitability of its digital asset-based
asteroids
LeoFinance
2023-07-13 16:40
RE: LeoThread 2023-07-13 14:43
7/ The SEC accused Celsius and Mashinsky of securities fraud for offering and selling CEL and Celsius' Earn product as securities without the necessary registration statement with the SEC.
asteroids
LeoFinance
2023-07-13 16:40
RE: LeoThread 2023-07-13 14:43
6/ Mashinsky didn't take this lightly, calling the accusations "baseless" and blaming online misinformation. But it wasn't just NY's Attorney General who had Celsius in their sights.
asteroids
LeoFinance
2023-07-13 16:39
RE: LeoThread 2023-07-13 14:43
5/ But that bankruptcy filing wasn't the end of Mashinsky's legal woes. In fact, it was just the beginning. New York Attorney General Letitia James sued Mashinsky for allegedly misleading investors about
asteroids
LeoFinance
2023-07-13 16:39
RE: LeoThread 2023-07-13 14:43
4/ But let's rewind a bit. Remember Celsius Network? A crypto lending platform that went bankrupt in July 2022. After the bankruptcy, a crypto consortium Fahrenheit won the bid to acquire its assets.
asteroids
LeoFinance
2023-07-13 16:39
RE: LeoThread 2023-07-13 14:43
3/ These are heavy allegations, and they come from major regulators. The DOJ, the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Federal Trade Commission (FTC)
asteroids
LeoFinance
2023-07-13 16:39
RE: LeoThread 2023-07-13 14:43
2/ Not only Mashinsky, but also Celsius Chief Revenue Officer Roni Cohen-Pavon stands accused of orchestrating a "years-long scheme to mislead customers" about the company's market value and
asteroids
LeoFinance
2023-07-13 16:39
RE: LeoThread 2023-07-13 14:43
1/🧵 Big news in the #crypto world today. Celsius Network's former CEO, Alex Mashinsky, has been arrested on charges of securities fraud, commodities fraud, wire fraud, and more #outreach #threadstorm
asteroids
LeoFinance
2023-07-13 15:48
RE: LeoThread 2023-07-13 14:43
Hive is certainly the best place to do it I also get a lot of crypto generated from DeFi, but that requires base capital to earn yield
asteroids
LeoFinance
2023-07-11 13:41
RE: LeoThread 2023-07-11 12:15
asteroids
LeoFinance
2023-07-11 13:41
RE: LeoThread 2023-07-11 12:15
Finally, a project on #hive that actually cares about marketing Open the link in the next reply below this and go give some feedback
asteroids
LeoFinance
2023-06-26 20:42
RE: LeoThread 2023-06-26 17:44
7/🧵 Read the full post on #leofinance:
asteroids
LeoFinance
2023-06-26 20:42
RE: LeoThread 2023-06-26 17:44
6/🧵 Swiss Central Bank's Approach: Prudence and Proactivity SNB evaluates retail CBDCs carefully. Focusing on a wholesale CBDC pilot gathers insights before expanding to retail applications.
asteroids
LeoFinance
2023-06-26 20:42
RE: LeoThread 2023-06-26 17:44
5/🧵 Advantages of a Wholesale CBDC Increased Efficiency, Cost Reduction Enhanced Financial Market Resilience Improved Monetary Policy Transmission Promoting Innovation, Fostering Competition
asteroids
LeoFinance
2023-06-26 20:41
RE: LeoThread 2023-06-26 17:44
4/🧵 Global Context: Exploring the Potential of CBDCs Central banks worldwide monitor CBDC developments. Digital currencies are a viable alternative and game-changer. China leads, with Japan, Brazil, and
asteroids
LeoFinance
2023-06-26 20:41
RE: LeoThread 2023-06-26 17:44
3/🧵 The Pilot Project: Real-World Testing for Wholesale CBDC SNB aims to create a tangible digital currency with the same value as traditional bank reserves. It's about conducting real transactions with
asteroids
LeoFinance
2023-06-26 20:40
RE: LeoThread 2023-06-26 17:44
2/🧵 Discover how SNB is spearheading a groundbreaking venture into digital currencies with its wholesale CBDC pilot. Chairman Thomas Jordan's announcement puts Switzerland at the forefront of this rapidly
asteroids
LeoFinance
2023-06-26 20:43
RE: Swiss National Bank (SNB) Launches Wholesale CBDC Pilot: Pioneering the Future of Digital Currencies
Want to read the simplified version of this? Check out my #threadstorm on LeoThreads!
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