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Celsius founder Mashinsky calls 20 years in prison "the equivalent of dying in prison."

According to Cointelegraph, Alex Mashinsky, the former CEO of Celsius, has strongly opposed the Department of Justice's request to recommend a 20-year prison sentence, saying the move would amount to "a death sentence in prison." Mashinsky pleaded guilty in December 2024 to manipulating the price of CEL tokens and cashing out $48 million before Celsius collapsed. His lawyer said Mashinsky was a first-time non-violent criminal and had a 30-year unblemished business record, arguing that the senten...

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2025-05-06 07:06:53
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