According to the Daily Planet, the U.S. Securities and Exchange Commission (SEC), Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC), and Federal Trade Commission (FTC) have all filed lawsuits against Celsius Network and its former CEO Alex Mashinsky in the past hour.
According to a previous report by Bloomberg, the U.S. SEC filed a lawsuit against Celsius Network and its former CEO Alex Mashinsky in the Manhattan Federal Court on Thursday.
Alex Mashinsky was arrested Thursday morning in connection with the company's bankruptcy investigation, according to people familiar with the matter.