Over 200 Victim Impact Statements Filed Against Celsius Founder Mashinsky as He Faces Sentence

US prosecutors have submitted over 200 victim impact statements, detailing the financial and emotional hardship suffered by customers of defunct crypto lender Celsius Network. The statements, totaling over 400 pages, paint a stark picture of the damage caused by Alex Mashinsky, Celsius’s founder and former CEO, whose actions are being investigated in a criminal case. Mashinsky is scheduled for sentencing on May 8th after pleading guilty to fraud charges, marking a turning point in the saga of the collapsed cryptocurrency platform.