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.
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Former Celsius Network CEO Alex Mashinsky Sentenced to 12 Years in Prison
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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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Alex Mashinsky’s lawyers requested a sentence of no more than 1 year, arguing that a 20-year term would amount to a “death-in-prison sentence” and no prior criminal history
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