Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence For Securities and Commodities Fraud

Alex Mashinsky, the founder and former CEO of the now-collapsed cryptocurrency lender Celsius Network, was sentenced to a 12-year prison term for securities and commodities fraud on Thursday. What Happened: The sentencing was delivered by U.S. District Judge John Koeltl in Manhattan, according to a Reuters report.

Source: benzinga.com

Related symbols: CELUSD