The post Celsius’s Founder Seeks Dismissal of the FTC Case Against Him! appeared first on Coinpedia Fintech News
Alex Mashinsky, the founder and former CEO of crypto lender Celsius, has filed a motion to dismiss the case against him by the Federal Trade Commission (FTC). The motion was filed in court on Monday, although no further details of the case or the reasons for the motion have been made public. Celsius, which provides cryptocurrency-backed loans to its customers, has grown in popularity over the last year amid the boom in cryptocurrencies. The FTC has not yet responded to Mashinsky’s motion.
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