THE HASH: Ex-Celsius CEO Alex Mashinsky Is Arrested as Insolvent Crypto Lender Is Sued by SEC, CFTC, FTC

The most valuable crypto stories for Thursday, July 13, 2023.

"The Hash" tackles today's hot topics, including Alex Mashinsky, the co-founder and former CEO of insolvent crypto lender Celsius, getting arrested following an investigation into the company's collapse. This comes amid a slew of separate lawsuits against Mashinsky and Celsius by the SEC, CFTC, FTC. Separately, Coinbase lawyers argue the Supreme Court's recent judgment on student debt cancellation aids its defense against the SEC. And, an update on Circle trimming its workforce and ending certain "non-core" activities.

See also:

Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against Ripple

Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts

Celsius Network’s Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC

Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions

Coinbase Cut to Underweight Ahead of Earnings by Barclays

This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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