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Celsius Founder Alex Mashinsky Pleads Guilty to Fraud Charges

Alex Mashinsky, the founder and former CEO of the cryptocurrency lender Celsius Network, recently pleaded guilty to two counts of fraud in the United States. This marks a significant development in the ongoing investigations into financial misconduct within the cryptocurrency sector.  Background......

 Spirit Airlines Files for Chapter 11 Bankruptcy Amid Financial Struggles

Spirit Airlines has officially filed for Chapter 11 bankruptcy protection, citing mounting losses, increasing debt, and a failed merger as key factors in its decision. The Florida-based airline made the announcement on Monday, detailing the steps it will take to stabilize its operations amid financial......

The Final Act for Moroccan Glassmaker Tolba Verre: Navigating Industry Challenges

The glassmaking industry in Morocco continues to face severe challenges amidst competitive pressures. Following the 2019 collapse of Tangier-based Glassry, a former industry leader backed by Moroccan investors that disintegrated just five years after its highly-publicized launch, another local manufacturer......