by: xpoolPosted on:

20-Year Sentence Sought for Celsius CEO Alex Mashinsky in $7 Billion Fraud

Alex Mashinsky, former CEO of Celsius Network, faces a potential 20-year prison sentence following his plea deal for orchestrating a massive customer scam. The estimated losses amount to nearly $7 billion as customers lost faith due to his misleading claims and deliberate manipulations of the platform.

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