Blockchair логотиби

59 Year Old Alex Mashinsky Faces 30 Years After Guilty Plea in Celsius Case Blockonomi 04 дек 2024

59 Year Old Alex Mashinsky Faces 30 Years After Guilty Plea in Celsius Case ⚖️

CEL Token Alex Mashinsky Fraud Celsius Network

Alex Mashinsky, the founder of Celsius Network, has pled guilty to two counts of fraud, which include commodities fraud and manipulating the prices of CEL tokens. This plea is in connection to the collapse of Celsius Network, a company that once managed $25 billion in assets.

Mashinsky personally profited $42 million through the sale of CEL tokens, contributing to his legal troubles. His sentencing is scheduled for April 8, 2025, where he faces a potential maximum prison sentence of 30 years.

This development follows Celsius Network's bankruptcy filing in July 2022. Mashinsky's case highlights the legal and financial repercussions for company executives involved in such fraudulent activities.

Булак: blockonomi.com ↗

Окшош макалалар (19)

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