Thursday marked a historic day in the cryptocurrency enforcement space, with two major actions: U.S. Attorney Damian Williams of the Southern District of New York announced charges against the founder and former CEO of the bankrupt crypto lending platform Celsius, at the same time a Manhattan federal judge granted a partial win to crypto company Ripple in a regulatory matter.
Celsius itself reached a deferred prosecution agreement with SDNY prosecutors, who praised the cooperation of the company’s new management, but the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission each announced parallel civil cases against the company and its ex-CEO Alexander Mashinsky.
