The U.S. CFTC may file a lawsuit against Celsius and its former CEO this month

ChainCatcher news, citing sources familiar with the matter, reports that the U.S. Commodity Futures Trading Commission (CFTC) has concluded its investigation, finding that the bankrupt crypto lending platform Celsius Network and its former CEO Alex Mashinsky violated U.S. regulations before the platform's bankruptcy. It is believed that Celsius misled investors and should have registered with regulators, and Alex Mashinsky also violated relevant regulations.

Sources indicate that if a majority of CFTC commissioners agree with this conclusion, the agency may file a lawsuit in federal court as early as this month. (Source link)