Alex Mashinsky, former Celsius Network CEO, was sentenced to 12 years in prison for misappropriating customer funds and manipulating the CEL token's price

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May 7, 2025

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Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison, Inner City Press reported on Thursday.

Former Celsius Nework CEO Alex Mashinsky received a 12-year prison sentence on Thursday for misappropriating Celsius customers’ funds and manipulating the price of the lender's token, CEL.

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Week 19 of 2025