He was the CEO and founder of Celsius Alex Mashinsky Heal To 12 years in prison by a local American court. Celsius retained about $ 25 billion in its origins, but it was one of the many cryptocurrencies that failed during 2022. Public Prosecutors were seeking two decades, claiming that he had defrauded customers and misled customers about the CEL code mode his company.
Lawyers said: “His crimes were not the product of neglect, naivety, or bad luck.” “They were the result of deliberate decisions calculated for lying, deception and theft in the pursuit of a personal wealth.”
After a preliminary call to seven criminal charges, the leader of the previous encrypted currencies To two fraud charges in December. As part of the guilt acknowledgment, Mashinsky agreed not to resume any 30 -year -old penalty.
This article was originally appeared on Engadget on https://www.engadget.com/big-tech/CELSIUS-alex-mashinsky-sentened to-12 years old
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