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US arrests former head of bankrupt crypto platform Celsius
US arrests former head of bankrupt crypto platform Celsius
Business and Economy
by  AFP

US prosecutors arrested the former head of Celsius Network on fraud charges on Thursday, a year after the cryptocurrency platform filed for bankruptcy protection while owing investors $4.7 billion. Celsius also agreed to a judgment of $4.7 billion, which will be suspended to allow Celsius to return its remaining assets to consumers in bankruptcy proceedings, the FTC said.