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Crynx
8 hours ago
🚨 BREAKING: Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison 🚨

After a highly publicized trial, Alex Mashinsky, founder of collapsed crypto lending platform Celsius Network, has been sentenced to 12 years in prison for orchestrating an $11 billion fraud scheme that left thousands of investors reeling.

Once a major player in the crypto space, Celsius promised high returns through its yield-bearing accounts — but prosecutors argued those returns were fueled by deception and mismanagement.

This case marks a significant moment in the ongoing regulatory crackdown on cryptocurrency misconduct.

#crypto #Celsius #AlexMashinsky #Fraud #Blockchain #cryptonews #Regulation #Investing #bitcoin #ethereum
Crynx
3 months ago
A new crypto cycle meme is born:

“I didn’t promote it, I shared it.” – Javier Milei on $Libra

It joins the Hall of fame:

• "What” – SBF, moments before FTX imploded

•“Steady lads, deploying more capital.” – Do Kwon, before LUNA went to zero… and he went to jail

•“Celsius is winning.” – Alex Mashinsky, before Celsius collapsed… and he got sued

•“We are the biggest victims.” – 3AC founders, now unable to visit certain countries

•“I’m rich and you’re not.” – Richard Heart, now on the run

Same playbook, different cycle.

Stay humble, study #bitcoin

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