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Celsius founder Alex Mashinsky sentenced to 12 years in prison from The Verge - All Posts RSS feed.
Celsius founder Alex Mashinsky sentenced to 12 years in prison
Alex Mashinsky, the founder and former CEO of the collapsed cryptocurrency lending firm Celsius, has been sentenced to 12 years in prison for fraud that led to “billions in losses,” the Department of Justice announced on Thursday. Celsius, which held $25 billion in assets at its peak, abruptly halted withdrawals and transfers during a broader […]