Prosecutors Seek 20-Year Sentence for Ex-Celsius CEO in Multi-Million-Dollar Fraud Case

Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years, Prosecutors Say In a sentencing memorandum filed April 28, the […]