tldr; Former Celsius CEO Alex Mashinsky is set to begin a 12-year prison sentence this Friday after pleading guilty to charges including commodities fraud and manipulating the price of the Celsius (CEL) token. Mashinsky will report to the Federal Prison Camp in Otisville, New York. Celsius, once a major crypto company, filed for bankruptcy in 2022, and Mashinsky resigned shortly after. The company exited bankruptcy in 2024, distributing $3 billion in assets to creditors. Mashinsky forfeited all claims to the company during bankruptcy proceedings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
rtopete on
Motherfucker. Cost be $74,000 in today’s market value. Fuck him.
Fmarulezkd on
While uplifting, his wife and other company staff (f*ck you Zac) also belong there.
NckyDC on
Good riddance
KIG45 on
I hope he serves his entire sentence until the last day so he can constantly think about why he’s there.
mkdwolf on
Hope he doesn’t drop the soap… again.
_Cr1ck3t_ on
Not long enough, fuck him
Salvisurfer on
I wish him a cell next to Bitboy
blue_lagoon_987 on
Trump pardons criminals so he might get a chance
CilicianKnightAni on
He’s dummy, if he was gonna scam he shoulda setup in Singapore – Vauld got off,
11 Comments
tldr; Former Celsius CEO Alex Mashinsky is set to begin a 12-year prison sentence this Friday after pleading guilty to charges including commodities fraud and manipulating the price of the Celsius (CEL) token. Mashinsky will report to the Federal Prison Camp in Otisville, New York. Celsius, once a major crypto company, filed for bankruptcy in 2022, and Mashinsky resigned shortly after. The company exited bankruptcy in 2024, distributing $3 billion in assets to creditors. Mashinsky forfeited all claims to the company during bankruptcy proceedings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Motherfucker. Cost be $74,000 in today’s market value. Fuck him.
While uplifting, his wife and other company staff (f*ck you Zac) also belong there.
Good riddance
I hope he serves his entire sentence until the last day so he can constantly think about why he’s there.
Hope he doesn’t drop the soap… again.
Not long enough, fuck him
I wish him a cell next to Bitboy
Trump pardons criminals so he might get a chance
He’s dummy, if he was gonna scam he shoulda setup in Singapore – Vauld got off,
When are they seizing mashitsky assets too