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by: xpoolPosted on: April 29, 2025

Celsius Founder Faces Potential 20-Year Prison Sentence in Major Fraud Case

Alex Mashinsky, the founder of collapsed crypto lender Celsius Network, faces a potential 20-year prison sentence for orchestrating a massive fraud scheme that left thousands of customers with billions in losses. U.S. prosecutors are seeking such a severe punishment, arguing that Mashinsky’s actions were deliberate and malicious.

Related posts:

  1. FBI Recovers Millions From Heartland Tri-State Bank Cryptocurrency Fraud Case
  2. Alex Mashinsky Faces Sentencing for Crypto Fraud, Scheduled for May 8
  3. Alex Mashinsky to Face 20-Year Sentence for Celsius Network Fraud
  4. Over 200 Victim Statements Filed in Celsius Ex-CEO Case
Celsius Cryptocurrency Fraud Financial Crime

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