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BTCC / BTCC Square / Global Cryptocurrency /
Celsius Founder Alex Mashinsky Faces 20-Year Prison Term Sought by DOJ

Celsius Founder Alex Mashinsky Faces 20-Year Prison Term Sought by DOJ

Author:
Global Cryptocurrency
Published:
2025-04-29 11:59:02
6
3

The U.S. Department of Justice has demanded a 20-year prison sentence for Alex Mashinsky, founder of the collapsed crypto lending platform Celsius. Prosecutors allege his actions were deliberate, not negligent, leading to billions in investor losses.

A 97-page sentencing memorandum filed April 28 details how victims remain unable to access frozen crypto assets. The case underscores growing regulatory scrutiny of crypto lending platforms and their executives.

|Square

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