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Celsius Network’s Ex-CEO Gets 12 Years—Another Crypto Founder Bites the Dust

Celsius Network’s Ex-CEO Gets 12 Years—Another Crypto Founder Bites the Dust

Author:
decryptCO
Published:
2025-05-08 19:33:03
13
1

Former Celsius Network CEO Alex Mashinsky Sentenced to 12 Years in Prison

Alex Mashinsky’s empire of yield promises and ’banking alternative’ dreams just earned him a federal prison sentence—proving once again that crypto’s wild west days have consequences.

Judge throws the book at Celsius founder: The once-celebrated CEO now joins the growing roster of crypto executives who couldn’t outrun regulators.

Another ’unbank yourself’ hero falls: Mashinsky’s sentencing delivers poetic justice to the platform that froze 1.7 million accounts during its death spiral.

Bonus jab: At least Celsius customers can take comfort knowing someone’s getting locked up—even if it’s not their funds.

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