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Ex-Celsius CEO Alex Mashinsky Faces Sentencing as Victims Demand Justice

Ex-Celsius CEO Alex Mashinsky Faces Sentencing as Victims Demand Justice

Published:
2025-04-25 11:37:01
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Alex Mashinsky, founder and former CEO of collapsed crypto lender Celsius Network, could receive up to 30 years in prison at his May sentencing. Over 200 global victims submitted impact statements detailing life-altering losses from the platform’s 2022 collapse.

A 418-page prosecution filing reveals victims from Australia to New York urging maximum punishment. The case underscores the human cost of crypto fraud, with Mashinsky’s sentencing marking a pivotal moment for accountability in decentralized finance.

|Square

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