tldr; Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in prison for misappropriating customer funds and manipulating the price of the CEL token. Mashinsky pled guilty to commodities and securities fraud in December, facing charges that carried a maximum of 30 years. Prosecutors sought a 20-year sentence, while the defense requested a year and a day. Celsius declared bankruptcy in 2022 after freezing withdrawals, with customers losing over $5 billion. Efforts to repay creditors continue.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Fmarulezkd on
His wh**e of a wife is still free to roam with all the tendiez stolen though. And his daughter’s wedding is still being paid by the Celsius customers. Justice not served.
Infections95 on
My family still lost loads to this w£&$er
zantho on
So, minimum security and out in 6 for „good behavior“. …The U.S. criminal system is a joke. Anyone young enough is almost encouraged to commit financial crimes.
Harucifer on
INB4 Trump pardon lol
setokaiba22 on
Well that 1 year demand he suggested worked out well for him
Hakiii on
I hope he drop freaking soap 🤣
BraidRuner on
12 years He will get it knocked down to 5 and be out in 3 and back scamming Day 1
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Indeed, we’re so back
Cell-sius
tldr; Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in prison for misappropriating customer funds and manipulating the price of the CEL token. Mashinsky pled guilty to commodities and securities fraud in December, facing charges that carried a maximum of 30 years. Prosecutors sought a 20-year sentence, while the defense requested a year and a day. Celsius declared bankruptcy in 2022 after freezing withdrawals, with customers losing over $5 billion. Efforts to repay creditors continue.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
His wh**e of a wife is still free to roam with all the tendiez stolen though. And his daughter’s wedding is still being paid by the Celsius customers. Justice not served.
My family still lost loads to this w£&$er
So, minimum security and out in 6 for „good behavior“. …The U.S. criminal system is a joke. Anyone young enough is almost encouraged to commit financial crimes.
INB4 Trump pardon lol
Well that 1 year demand he suggested worked out well for him
I hope he drop freaking soap 🤣
12 years He will get it knocked down to 5 and be out in 3 and back scamming Day 1