Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Share:
More In Business

Californians Bet Agave Farming Is the Key to Weather Drought, Water Limits
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.

Big Business This Week: Starbucks' Seasonal Cheer, Maersk Over Troubled Waters and More
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Paramount, Maersk, Starbucks, Uber, Lyft and Beyond Meat.

Son Eric Testifies in Trump Civil Fraud Trial He Relied on Accountants for Key Financial Documents
With Donald Trump due on the witness stand next week, testimony from his adult sons in his civil business fraud trial wrapped up Friday with Eric Trump saying he relied completely on accountants and lawyers to assure the accuracy of financial documents key to the case.

DraftKings Reports Spike in Q3 Revenue
DraftKings reported better-than-expected revenue in the third quarter.

States With Highest Student Loan Payments
Wallet Hub released a list of the 10 states with the highest median monthly student loan payments.

BP Purchases Tesla Superchargers
Oil and gas giant BP will purchase electric vehicle chargers from Tesla for $100 million.

Olive Oil Prices Continue to Rise
Reports say olive oil prices have jumped 75% since January of 2021.

Report: Big 3 to Pay Striking Workers
The big three car companies for GM and Stellantis have agreed to pay striking workers as they spend time on the picket line, according to The Wall Street Journal.

Musk: A.I. Will Create Future Where "No Job is Needed"
Elon Musk is making a big prediction about artificial intelligence and the jobs market.
