Bankrupt lender Celsius founder faces $40M bail and traveling restrictions

Alexander Mashinsky, the founder and former chief executive of bankrupt crypto lender Celsius, has recently been granted bail by a U.S. District Judge. The bail amount has been set at a staggering $40 million following his arrest on Thursday on charges of fraud. According to court documents, Mashinsky has pleaded not guilty to seven counts,…

Read full story at Cryptopolitan >