“Through the course of the multistate investigation, it has turn into clear that Celsius, by its CEO Alex Mashinsky and in any other case, made false and deceptive claims to buyers about, inter alia, the corporate’s monetary well being and its compliance with securities legal guidelines, each of which doubtless induced retail buyers to put money into Celsius or to depart their investments in Celsius regardless of considerations in regards to the volatility of the cryptocurrency market,” the submitting stated.


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