The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting that he misled customers about the business.

Alex Mashinsky, the founder and former CEO of defunct cryptocurrency lender Celsius Network, pleaded guilty to two counts of fraud on Tuesday in one of the highest-profile criminal cases to emerge from the 2022 collapse of the crypto markets.

Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, intends to plead guilty to two counts of fraud, his defense lawyer said on Tuesday. Mashinsky, 59, was indicted on July 13,

XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly regulatory environment under the upcoming Trump administration.

Bitcoin went on a record-breaking run after Donald Trump won the U.S. presidential election—but shares in some companies that make money out of the crypto’s surging price have performed even better. The large-cap token has surged on the expectation that Trump will slash digital-asset regulations,

President-elect Donald Trump's support for cryptocurrency has pushed several digital assets to skyrocket in price since his re-election. His position is solidified with his choice of close