Crypto: Former CEO Of Celsius Sentenced To 12 Years In Prison!
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The former CEO of Celsius, Alex Mashinsky, has just been sentenced to 12 years in prison for fraud by a federal court in New York. A surprising decision at a time when Donald Trump is beginning his second term with several presidential pardons granted to major figures in the crypto sphere. While markets predicted a light sentence, this conviction shows that certain red lines will not be crossed.
In brief
- Alex Mashinsky, former CEO of Celsius, is sentenced to 12 years in prison for fraud and manipulation of…