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

Redfin: $114K Income Needed to Afford Average Home
A U.S. homebuyer must earn just over $114,000 to afford an average-priced home, according to a report from Redfin.

American Express, Others Post Earnings
Several companies, including American Express, First Bancorp and Comerica, posted earnings Friday.

Newlyweds Asking for 'Home Fund' Donations
New research from Zillow finds more and more couples are adding a home fund to their wedding registries to help them buy their first home.

Rite Aid to Close Over 100 Stores
Rite Aid is set to close more than 100 stores with efforts currently underway to try to sell dozens of stores across a dozen states.

Musk: Two Subscription Tiers Coming to X
Social media platform X will soon have two new paid subscription tiers.

Stocks Dip After Bond Yields Spike & Following Fed Chair Remarks
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.

Sam Bankman-Fried's Lawyer Testifies at Fraud Trial
Sam Bankman-Fried's Lawyer Testifies at Fraud Trial

Jerome Powell Says Federal Reserve is Committed to Lowering Inflation
Jerome Powell Says Federal Reserve is Committed to Lowering Inflation

Stretching Your Dollar: CEO Karl Jacob on the Importance of Credit Scores
The basics of credit scores and reporting.
