Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts ...

Alex plea deal and personal toll Mashinsky’s guilty plea came nearly a year after federal prosecutors filed seven charges against him in July 2023.

Former Celsius chief revenue officer Roni Cohen-Pavon also pleaded guilty in September 2023 to similar charges, but his Dec. 11 sentencing has been delayed until after Mashinsky is sentenced.

The plea agreement allowed Mashinsky to plead guilty to only two charges out of the initial seven filed by prosecutors in July 2023. According to Judge John Koeltl, the former Celsius CEO could ...

Celsius CEO Alex Mashinsky sentenced to 12 years in crypto fraud case The former head of the failed cryptocurrency lending platform pleaded guilty to misleading customers ...

Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam Some victims lost everything to the Celsius Network's fraud.

Alex Mashinsky, the disgraced founder and ex-CEO of cryptocurrency lender Celsius Network, admitted guilt to two counts of fraud on Tuesday. What Happened: Despite his initial plea of not guilty ...

Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding hundreds of thousands of customers lured by his firm’s high interest ...

Mashinsky’s agreement to plead guilty changed the proceedings While everything seemed to have fallen into place for Cohen-Pavon, Mashinsky’s agreement to plead guilty has altered the flow.

NEW YORK (Reuters) -Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud.

Alexander Mashinsky, founder and former CEO of the failed cryptocurrency platform Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to federal fraud charges.