On September 17, The Block reported that former Celsius CEO Alex Mashinsky requested to subpoena six witnesses who had worked at the crypto company to testify on his behalf as he could face more than 100 years in prison.
Mashinsky was arrested last year and prosecutors accused him of defrauding clients and misleading about Celsius' profitability. In a memorandum filed by his lawyers on Friday, he asked a New York district court to allow these witnesses, including the crypto lending platform's chief financial officer and chief revenue officer, to testify at his criminal trial. The lawyers said many of the proposed witnesses live outside the United States.
Mashinsky’s attorneys claimed in a memo that he did not intend to harm anyone.
