Former Celsius CEO Alex Mashinsky Handed 12-Year Prison Sentence For Multi-Billion-Dollar Crypto Fraud

Source of this Article
ZyCrypto 6 months ago 499

Ex-Coinbase Product Manager Gets Two-Year Prison Term For Insider Trading

Alex Mashinsky, founder of the collapsed crypto lender Celsius Network, was slapped with a 12-year prison sentence on May 8 for crypto-related fraud.

Mashinsky’s legal team sought a light prison sentence of one year and a day. They pointed to his clean record before the Celsius implosion, along with his military service and guilty plea. However, US prosecutors were less inclined to leniency.

Mashinsky Sentenced To 12 Years In...



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet