Celsius Crypto Victims Demand Life Sentence for Alex Mashinsky, Saying He ‘Devastated Lives’

Celsius Network founder Alex Mashinsky’s customers want him behind bars for life.

More than 200 victim impact statements, many reviewed by Decrypt, have been submitted to U.S. District Judge John G. Koeltl ahead of Mashinsky’s May 8 sentencing, with the overwhelming majority demanding the severest possible punishment for the mastermind behind the failed crypto lender.

“He devastated numerous lives, and there are those who have taken their own lives because of him,” wrote Brandon Lawrence, an investor who says he lost 1.5 Bitcoin (about $141,000 today). “He should face consequences akin to Bernie Madoff and be incarcerated for life.”

The investor pleas come nearly five months after Mashinsky pleaded guilty to two felony counts,…

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