Crypto Founder Mashinsky Faces 12-Year Prison Term for Fraud

Thursday, May 8, 2025, 4:20 pm

Former Celsius founder Alex Mashinsky, after pleading guilty to fraud charges, has been sentenced to 12 years in federal prison. This stark ruling sends a clear message in the crypto realm—no matter how revolutionary one claims to be, fraud will be met with a hefty price.

www.ft.com/ / Celsius founder Alex Mashinsky sentenced to 12 years in prison - Financial Times

Celsius founder Alex Mashinsky sentenced to 12 years in prison Financial Times

theverge.com / Celsius founder Alex Mashinsky sentenced to 12 years in prison

Alex Mashinsky, the founder and former CEO of the collapsed cryptocurrency lending firm Celsius, has been sentenced to 12 years in prison for fraud that led to “billions in losses,” the Department of Justice announced on Thursday. Celsius, which held $25 billion in assets at its peak, abruptly…

cnbc.com / Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case

Mashinsky's downfall mirrors the fate of FTX founder Sam Bankman-Fried, Binance's Changpeng Zhao and Do Kwon of Terraform Labs.

engadget.com / Celsius CEO Alex Mashinsky sentenced to 12 years for crypto fraud

CEO and founder of Celsius Network Alex Mashinsky has been sentenced to 12 years in prison by a US District Court. Celsius Network held about $25 billion in assets at its height, but was one of the many cryptocurrency operations to fail during 2022. Prosecutors were seeking two decades for…

reuters.com/business / Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud - Reuters

Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud Reuters

wired.com / Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison

After pleading guilty to two counts of fraud, the founder of failed cryptocurrency platform Celsius will serve 12 years in federal prison.

bloomberg.com/technology / Celsius Founder Alex Mashinsky Gets 12 Years for Crypto Fraud - Bloomberg.com

Celsius Founder Alex Mashinsky Gets 12 Years for Crypto Fraud Bloomberg.com

permalink / 7 stories from sources in 38 hours ago #crypto #judiciary #scam

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