Alex Mashinsky, the now-former CEO of collapsed cryptocurrency concern Celsius, today faces charges of fraud as prosecutors and watchdogs pile in. America’s Federal Trade Commission [PDF], Commodity Futures Trading Commission [PDF] and Securities and Exchange Commission [PDF] all simultaneously launched legal action against Celsius, Mashinsky, and others on Thursday, while a criminal indictment filed by the Department of Justice [PDF] earlier this week against the ex-CEO was unsealed to coincide with the other three.  Most of the allegations against Celsius et al are fraud related and include claims the now-bankrupt crypto-lending operation failed to appropriately register as a pooling operation and as a seller of securities.

Source: The Register