Celsius CEO Alex Mashinsky sentenced to 12 years for crypto fraud

The founder of CEO and Celsius was Alex Mashinsky convicted The US District Court sentenced 12 years in prison. Celsius network accounted for about $ 25 billion in height, but was one of many crypromative operations to fail in 2022.

“His crimes were not the product of negligence, malpractice or bad luck,” he said. “They were the result of decisions calculated to deliberate, deceive and stealing.”

Former Cryptocurrency Leader, after a perpetrator of the seven criminal meter to two of fraud charges in December. As part of the Plea deal, Mashinsky has accepted not to apply for 30 years or less.

This article first appeared in Engadget at Engadget https://www.engadget.com/big-tech/celsius-ceo-tech/celsius-ceo-cented-s-ce



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