Alex Mashinsky Sentenced to 12 Years for Celsius Fraud: Justice Holds Firm

Former CEO of Celsius, Alex Mashinsky, has been sentenced to 12 years in prison for orchestrating a complex fraud scheme involving the CEL token. This conviction comes despite expectations of leniency during Donald Trump’s second term, highlighting that even in the crypto sector, financial crimes will be dealt with severely. The sentencing sends a clear message: innovation does not shield those who deceive investors.