US EditionUS prosecutors file over 200 victim statements in Celsius ex-CEO’s case
- Former Celsius CEO Alex Mashinsky faces sentencing May 8, 2025, in a Manhattan federal court.
- His legal team requested a delay from April 8 to submit additional court materials.
- Mashinsky pleaded guilty in December 2024 to two federal criminal fraud charges.
- Prosecutors submitted over 200 victim statements spanning 418 pages detailing financial harm.
- The charges carry a potential maximum 20-year prison sentence, but his team seeks under one year.
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Former Celsius CEO Alex Mashinsky Faces Life Sentence Call
Alex Mashinsky, former Celsius CEO, accepted a guilty plea to the 2022 Celsius collapse and could face a life sentence. More than 200 victims submitted emotional statements to the court, suggesting that the maximum punishment should be imposed regarding their financial and emotional losses. Mashinsky withdrew millions ahead of the time when Celsius went bankrupt, infuriating investors who would no longer have access to their funds. According t…
Victims of failed crypto lender Celsius push for life sentence for its CEO
Hundreds of investors asked a federal judge to impose a life sentence on Celsius CEO Alex Mashinsky for his role in the crypto lender’s 2022 collapse. Celsius Network investors are calling for a life sentence for co-founder and former chief…
Former Celsius CEO Mashinsky Set for May Sentencing - Blockchain & Cryptocurrencies Tabloid
Former Celsius CEO Alex Mashinsky faces sentencing for fraud charges on May 8 in U.S. court. The post Former Celsius CEO Mashinsky Set for May Sentencing appeared first on Blockchain & Cryptocurrencies Tabloid.
Ex-Celsius CEO Alex Mashinsky Faces 20 Years in Jail for Crypto Fraud Amid Wider Crackdown on Crypto Executives - The Blockopedia
The saga of Alex Mashinsky, the former CEO of Celsius Network, seems to be reaching its climax as he is… The post Ex-Celsius CEO Alex Mashinsky Faces 20 Years in Jail for Crypto Fraud Amid Wider Crackdown on Crypto Executives appeared first on The Blockopedia.
Bitcoinist
Former Celsius CEO to Be Sentenced in May as 200+ Victims Demand Justice
Former Celsius Network CEO Alex Mashinsky is scheduled to be sentenced on May 8, 2025, following his guilty plea to two federal criminal charges related to fraud and market manipulation. The sentencing will be held in a Manhattan federal court, where US prosecutors have outlined a case against Mashinsky that spans years of alleged misconduct involving Celsius’s operations and the firm’s native token. Hundreds of Victim Statements Submitted Ahead…
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