Celsius founder gets 12 years in prison for crypto fraud

1 month ago

The founder of cryptocurrency lender Celsius Network was sentenced to 12 years in prison on Thursday. Alex Mashinsky, the company’s former CEO, pleaded guilty to securities fraud and commodities fraud in December. Federal prosecutors said Mashinsky artificially boosted the value of Celsius’ Cel token …

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Celsius founder gets 12 years in prison for crypto fraud

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