🔔 Ex-Celsius CEO Alex Mashinsky Sentenced to 12 Years in Prison
Former Celsius CEO Alex Mashinsky will begin serving a 12-year prison sentence after pleading guilty to misleading investors about the company’s Earn Program.
He will report to the Federal Prison Camp in Otisville, New York. This follows Celsius’ collapse and bankruptcy in 2022 — a pivotal case that could shape how courts handle future crypto frauds.