Prosecutors have asked a judge to sentence Celsius Network founder Alex Mashinsky to 20 years behind bars. It comes as investors who …
Celsius
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Former Celsius Network CEO Alexander Mashinsky is facing a recommended sentence of at least 20 years in prison for leading what prosecutors …
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Scams
Celsius Crypto Victims Demand Life Sentence for Alex Mashinsky, Saying He ‘Devastated Lives’
by shayaanby shayaanCelsius Network founder Alex Mashinsky’s customers want him behind bars for life. More than 200 victim impact statements, many reviewed by Decrypt, …
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Regulation
Victims of failed crypto lender Celsius push for life sentence for its CEO
by shayaanby shayaanHundreds of investors asked a federal judge to impose a life sentence on Celsius CEO Alex Mashinsky for his role in the …
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Regulation
Former Celsius CEO Alex Mashinsky Asks for Trial to Be Postponed Till May 8
by shayaanby shayaanFormer Celsius CEO Alex Mashinsky has asked to postpone the trial till May 8, however, the Attorney’s Office has not agreed yet. …
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This is a segment from the Empire newsletter. To read full editions, subscribe. The crypto credit market hasn’t quite recovered since 2022, …
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Regulation
Celsius Network appeals $2B disparagement claim rejection against FTX
by shayaanby shayaanCelsius Network filed a notice of appeal on Dec. 31, contesting Judge John Dorsey’s decision to disallow the bankrupt crypto lender’s $2 …
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Regulation
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy
by shayaanby shayaanAlex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney …
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Markets
Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud
by shayaanby shayaanAlex Mashinsky, the founder and one-time CEO of bankrupt crypto lending platform Celsius Network, pleaded guilty to two counts of fraud on …
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Finance
Celsius begins second distribution of $127 million to eligible creditors
by shayaanby shayaanKey Takeaways Celsius Network’s second distribution of $127 million raises recovery rate to 60.4% for creditors. Creditors will receive Bitcoin valued at …