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Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, pushing its valuation to ~$500M; its ARR hit $25M (Lily Mae Lazarus/Fortune)

Lily Mae Lazarus / Fortune : Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, p...

8 May 2025

Celsius Network founder and former CEO Alex Mashinsky is sentenced to 12 years in prison after pleading guilty to commodities fraud and misleading investors (Chris Dolmetsch/Bloomberg)

Chris Dolmetsch / Bloomberg:
Celsius Network founder and former CEO Alex Mashinsky is sentenced to 12 years in prison after pleading guilty to commodities fraud and misleading investors  —  Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding hundreds …

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