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

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

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Decrypt·5d ago·Crime

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

2 min read·%70 importance·396 words

#Celsius#AlexMashinsky#cryptofraud#FTX#SamBankman-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.

This article was originally published by Decrypt.

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