Was Celsius a Massive Scam From the Start?

Number of the Week: $1.5 billion (explanation below)

Was Celsius a Massive Scam From the Start?

On Thursday January 5, New York State attorney general Letitia James filed a lawsuit against former Celsius founder and CEO Alex Mashinsky, charging that he defrauded tens of thousands of customers by promising them unrealistic returns on their investments, while investing their money in highly risky activities that were never disclosed.