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Celsius Founder Pleads Guilty: Faces Fraud Sentencing in 2025 Coin Edition 04 dec. 2024

Celsius Founder Pleads Guilty: Faces Fraud Sentencing in 2025 ⚖️

Celsius Alex Mashinsky USA Reuters

Alex Mashinsky, the founder of Celsius Network, has pleaded guilty to charges of fraud and market manipulation. According to Reuters, Mashinsky has consented to not appeal any sentence of 30 years or less, which is the maximum penalty he faces for two specific counts.

Mashinsky was indicted on July 13, 2023, facing multiple charges including fraud and conspiracy. His decision to plead guilty and accept a substantial sentence is a significant development in the case.

This legal battle underscores the seriousness of the allegations against him and signals a potential end to a high-profile case in the cryptocurrency industry.

Sursă: coinedition.com ↗

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