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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Former Celsius Network CEO Alex Mashinsky Sentenced to 12 Years in Prison
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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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Alex Mashinsky, former Celsius Network CEO, as part of his sentence for misappropriating customer funds and manipulating the CEL token's price, was ordered to forfeit $48 million and nine properties
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