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BTCC / BTCC Square / Global Cryptocurrency /
Alex Mashinsky Faces 20-Year Prison Sentence as DOJ Condemns Crypto Fraud Scheme

Alex Mashinsky Faces 20-Year Prison Sentence as DOJ Condemns Crypto Fraud Scheme

Author:
Global Cryptocurrency
Published:
2025-04-29 15:46:03
13
1

The Department of Justice has sought a 20-year prison term for Celsius founder Alex Mashinsky, asserting his actions were deliberate rather than negligent. Prosecutors highlighted his calculated deception, which netted $48 million in personal profits while devastating investors.

Despite pleading guilty, Mashinsky continues to deflect blame onto external factors rather than accepting full responsibility. The DOJ’s sentencing recommendation underscores the severity of financial crimes in the crypto sector and their consequences for market integrity.

|Square

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