Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case

cnbc.com/2025/05/08/celsius-ceo-alex-mashinsky-sentenced-to-12-years-in-crypto-fraud-case.html

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the "bank" of the crypto industry.
Standing before U.S. District Judge John G.…

This story appeared on cnbc.com, 2025-05-08 20:55:49.
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