Celsius Boss Falls: Alex Mashinsky Sentenced to 12 Years for $7B Fraud

Alex Mashinsky, the previous CEO of cryptocurrency lender Celsius Community, was sentenced right this moment to 12 years in jail for defrauding clients and manipulating the value of the platform’s native token, CEL. In December 2024, Mashinsky pleaded responsible to at least one depend of commodities fraud and one depend of securities fraud, admitting to deceptive traders about Celsius’s […]



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