U.S. prosecutors file more than 200 victim statements against former Celsius CEO
This article is machine translated
Show original
Federal prosecutors submitted over 200 victim statements to the Manhattan Federal Court, accusing Celsius Network founder and former CEO Alex Mashinsky. These statements detailed the economic losses and life impacts caused by Celsius's collapse. Mashinsky pleaded guilty in December 2023, admitting to one count of commodity fraud and one count of securities fraud, facing up to 30 years in prison. Most victims requested the court impose the maximum sentence, while a few called for leniency. Mashinsky's sentencing will be announced on May 8, with his defense team requesting no more than 366 days of imprisonment. (Cointelegraph)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
