Federal prosecutors asked the court to impose a 20-year prison sentence to former Celsius CEO Alex Mashinsky to reflect the gravity of his crimes and to serve as a deterrent
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Prior to Mashinsky's sentencing, federal prosecutors recommended the former CEO serve 20 years in prison, while the defense requested a sentence of a year and one day for its client.
Mashinsky's lawyers had asked for a sentence of no more than 366 days, while prosecutors said the former executive should spend 20 years in jail.
Prosecutors requested a minimum of 20 years “to reflect the seriousness of the offense, promote respect for the law, provide just punishment, and afford effective deterrence.”
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