Weekend Wrap: Fed fights Mashinsky dismissal, crypto karaoke hacked and more
U.S. prosecutors rebuffed Alex Mashinky’s motion to dismiss two criminal charges, while Goledo Finance and the blockchain karaoke platform Somesing got stung by crypto thieves.
United States federal prosecutors have rebuffed former Celsius CEO Alex Mashinsky’s motion to dismiss commodities fraud and market manipulation charges, saying his arguments aren’t legally relevant.
In a Jan. 26 filing to a New York District Court, prosecutors rejected claims made in Mashinsky’s Jan. 12 dismissal motion who wanted the two charges dropped due to them being inconsistent and lacking “fair notice,” along with information related to Celsius’ bankruptcy struck from the indictment.
Prosecutors claimed Mashinsky misread the indictment and misinterpreted relevant case law when arguing to dismiss the commodities fraud charge.
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