Alex Mashinsky Faces 20-Year Sentence in Crypto Fraud Case

Former Celsius CEO Alex Mashinsky faces up to 20 years in prison after pleading guilty to fraud charges. Mashinsky, once lauded as a financial freedom champion, now stands accused of manipulating the cryptocurrency market and profiting from Celsius’ collapse. The Department of Justice believes his actions merit a significant sentence while his defense paints him as an innocent entrepreneur caught in a systemically flawed business model.