Mashinsky answers seven charges pressed by NY AG Letitia James.
Alex Mashinsky, co-founder and former CEO of bankrupt crypto lending platform Celsius Network, has filed a response to New York Attorney General Letitia James’ suit against him. According to the document, the suit has shortcomings in presenting the facts in the case and its legal argument and should be dismissed.
James claimed in her suit on behalf of the people of New York state that Mashinsky defrauded over 26,000 New York residents out of billions of dollars, particularly by making false statements about the company’s financial situation.the suit “parrots misinformation,” shows a lack of understanding of Celsius’ business, and cherry-picks statements from Mashinsky’s 180 weekly YouTube appearances.
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