Cryptocurrency articles

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Larry David and other celebrities named in FTX lawsuit

"Don't be like Larry"
What just happened? Remember all the outcry when Larry David appeared in a Super Bowl commercial for now-collapsed crypto exchange FTX? The comedian probably wishes he'd never took part in the ad, too, given that he's one of several celebrities named in a lawsuit against the platform's former CEO Sam Bankman-Fried.
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Bankrupt crypto lender Celsius loses another exec as scrutiny over CEO intensifies

Co-founder Daniel Leon has followed CEO Alex Mashinsky out the door
In context: The bad news isn't alleviating for bankrupt crypto lending platform Celsius. A week after CEO Alex Mashinsky resigned from the company, cofounder S. Daniel Leon has now quit as chief strategy officer. Mashinsky is also dealing with revelations that he withdrew $10 million from the lender weeks before it froze customer accounts.