Celsius Founder Alex Mashinsky Seeks to Vacate 12-Year Prison Sentence

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Alex Mashinsky, founder of defunct crypto lending platform Celsius, files motion to vacate 12-year prison sentence citing ineffective counsel due to financial conflict of interest with his legal firm, which had ties to FTX's Sam Bankman-Fried.

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In brief Celsius founder Alex Mashinsky filed a motion to vacate his 12-year prison sentence. The former crypto lending CEO cited ineffective counsel as a core reason for his motion. Mashinsky was arrested and later pleaded guilty to commodities and securities fraud. [...] Though some creditors wanted even harsher punishments, Mashinsky was sentenced to 12 years in prison for his crimes. Now he wants to see that sentence vacated.

مواضيع ذات صلة

Celsius

مواضيعAlex Mashinsky crypto fraud FTX Sam Bankman-Fried

This article was originally published by Decrypt.

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