Celsius’s Founder Mashinsky Sentenced to 12-Year Imprisonment

Alexander Mashinsky, the founder and former CEO of Celsius Network, was sentenced to 12 years in prison on May 8, 2025, for securities and commodities fraud. He pleaded guilty in December 2024, admitting to misleading investors about Celsius’s financial stability and manipulating the price of its proprietary token, $CEL, while secretly selling his own holdings [...]The post Celsius’s Founder Mashinsky Sentenced to 12-Year Imprisonment appeared first on Tekedia.

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