After pleading guilty to two counts of fraud, the founder of failed cryptocurrency platform Celsius will serve 12 years in ...

The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by ...

Alex Mashinsky—the disgraced founder of the Celsius Network cryptocurrency bank who deceived hundreds of thousands into ...

A US federal judge in the Southern District of New York has sentenced Alex Mashinsky, founder of defunct cryptocurrency lending platform Celsius, to 12 years in prison. On Thursday, at the end of ...

The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by ...

“No matter what the sentence, the sentence will not cure the monetary or psychological harm caused to the victims,” Koeltl said. Before Celsius’ collapse in 2022, Mashinsky repeatedly lied ...

NEW YORK, NY — Alex Mashinsky, the founder and former CEO of bankrupt crypto lending platform Celsius Network, was sentenced to 12 years in prison on Thursday for fraud. Judge John Koeltl of the ...

Mashinsky's downfall mirrors the fate of FTX founder Sam Bankman-Fried, Binance's Changpeng Zhao and Do Kwon of Terraform Labs.

Alex Mashinsky misrepresented Celsius’ business and financial position to woo customers into “unbanking themselves,” and then ...

Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud after $1.19B collapse and fake token scheme.