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Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam
Alex Mashinsky—the disgraced founder of the Celsius Network cryptocurrency bank who deceived hundreds of thousands into losing billions with the catchy slogan "unbank yourself"—was sentenced to 12 years in prison on Thursday.
Breaking: Celsius Network Founder Sentenced to 12 Years in Prison for Crypto Fraud
It is worth noting that the Celsius Network Founder pled guilty to one count of committing commodities fraud and another count of committing securities fraud. The lending platform collapsed in 2022 and filed for bankruptcy shortly after the Terra Luna crash in May 2022.
Some victims lost everything to the Celsius Network's fraud. Some victims lost everything to the Celsius Network's fraud.
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Alexander ...
The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison NEW YORK -- The founder and former CEO of the cryptocurrency lending ...
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Gold fanatic Peter Schiff compares Alex Mashinsky to Bernie Madoff, says the government acted too late for Celsius clientsPeter Schiff compares Celsius founder Alex Mashinsky to Bernie Madoff following Mashinsky’s 12-year fraud conviction.
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