NEW YORK :Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud.Mashinsky, 59, was indicted on July 13, 2023, on seven counts of fraud, conspiracy and market manipulation charges. Federal prosecutors in Manhattan said he misled custom

Celcius, a global Bitcoin mining company, has faced a fraud case since last year, and now the founder pleaded guilty due to the fraud charges.

Alex Mashinsky will reportedly plead guilty to two of the federal fraud charges levied against him over the collapse of crypto lender Celsius.

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business.