🚨 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
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
10 hours ago
