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

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Alex Mashinsky, the erstwhile CEO of cryptocurrency lender Celsius Network, was sentenced contiguous to 12 years successful situation for defrauding customers and manipulating the terms of the platform’s autochthonal token, CEL. In December 2024, Mashinsky pleaded blameworthy to 1 number of commodities fraud and 1 number of securities fraud, admitting to misleading investors astir Celsius’s […]
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