Celsius Founder Sentenced to 12 Years for Crypto Fraud

Enforcement | May 9, 2025 Celsius Founder Alex Mashinsky Lied to Customers and Inflated His Company’s Token Alex Mashinsky, Founder of the crypto lending platform Celsius, has been sentenced to 12 years in prison for defrauding customers and manipulating the price of his company’s digital token. See:  Unveiling the Celsius and 3 Arrows Capital implosions

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