Alex Mashinsky Sentenced to Prison for Celsius Fraud, Highlighting Growing Crypto Accountability

Former Celsius CEO Alex Mashinsky has been ordered to surrender to federal authorities by 2:00 PM ET. He will be sent to the minimum-security Federal Prison Camp in Otisville, New York, marking a significant milestone in one of the most high-profile criminal cases within the crypto sector. Mashinsky’s downfall comes amidst industry turmoil following Terra’s collapse. His case highlights growing accountability for misconduct in the cryptocurrency world.