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Alex Mashinsky

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Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Crypto Fraud in Landmark Case

Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Crypto Fraud in Landmark Case

On May 8, 2025, Alex Mashinsky, the former CEO of Celsius Network, received a 12-year prison sentence for his role in a significant crypto fraud scheme. Mashinsky, who had been a prominent figure in the crypto space, pleaded guilty in December 2024 to charges of commodities fraud and securities fraud.

Celsius Founder Alex Mashinsky Pleads Guilty in High-Profile Fraud Case

In a significant turn of events within the cryptocurrency industry, Alex Mashinsky, the former CEO and founder of Celsius Network, is set to plead guilty in what has become a closely watched fraud case. This development marks a pivotal moment for the crypto sector, which has been grappling with the