Dec 3, 2024 · MASHINSKY pled guilty today before U.S. District Judge John G. Koeltl. U.S. Attorney Damian Williams said: “Alexander Mashinsky orchestrated one of the biggest frauds in the crypto industry. He lured ordinary, retail crypto investors into investing billions of dollars in Celsius with false promises that their investments were low-risk.

Alexander Mashinsky, 58, of Manhattan, entered the plea in New York federal court to commodities and securities fraud. He admitted illegally manipulating the price of Celsius’s proprietary crypto token while secretly selling his own tokens at inflated prices to pocket about $48 million before Celsius collapsed into bankruptcy in 2022.

Dec 3, 2024 · Mashinsky, 59, was indicted on July 13, 2023, on seven counts of fraud, conspiracy and market manipulation charges. Federal prosecutors in Manhattan said he misled customers of Celsius to...

Dec 4, 2024 · Alex Mashinsky, former CEO of bankrupt crypto lender Celsius, has pleaded guilty to two counts of fraud, which together carry a maximum sentence of 30 years in prison.

Dec 3, 2024 · On Tuesday, during a hearing before U.S. District Judge John Koeltl, Mashinsky said he pleaded guilty to two out of the seven counts he was initially charged with: commodities fraud, and a ...

Dec 3, 2024 · Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison. Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius’ token, CEL .

Dec 3, 2024 · Federal prosecutors in Manhattan accused Mashinsky and Celsius’s former chief revenue officer, Roni Cohen-Pavon, of manipulating the market for the company’s crypto token.

Dec 3, 2024 · Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud.

Dec 4, 2024 · In the latest reckoning from the crash of 2022, Alex Mashinsky, the founder and CEO of bankrupt crypto lender Celsius, pleaded guilty to two fraud charges on Tuesday. As part of an agreement with US prosecutors, Mashinsky agreed to return $48 million he made from the fraud, according to the US Attorney’s Office for the Southern District of ...

Dec 3, 2024 · Alex Mashinsky, the founder of collapsed cryptocurrency lender Celsius Network, pleaded guilty on Tuesday in a criminal case alleging that he misled investors about the company’s financial...