The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison ...

He admitted to misleading customers about Celsius's financial health and manipulating the company's CEL token.

Federal prosecutors had sought a sentence of at least 20 years for Alex Mashinsky, who attracted customers—many of them ...

Judge John Koeltl of the Southern District of New York (SDNY) handed down the sentence, saying the 12 years — composed of a ...

Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding ...

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

Crypto founder jailed for 12 years over $7b in value fraud after deceiving investors through Celsius Network's false promises ...

Alexander Mashinsky, founder and former CEO of the failed cryptocurrency platform Celsius Network, was sentenced to 12 years ...

The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday ...

The founder of the collapsed crypto platform Celsius has been sentenced to 12 years behind bars. Mashinsky was initially ...

Mashinsky’s sentence is among the longest in a criminal case arising from the 2022 meltdown in cryptocurrency markets.

Legalcategory· May 9, 2025 Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius ...