Alex Mashinsky Archives

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

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Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan. The […]

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Celsius Boss Alex Mashinsky Sentenced to 12 Years in Crypto Fraud Case

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Alex Mashinsky, the founder of failed crypto lender Celsius Network, has been sentenced to 12 years in prison for defrauding hundreds of thousands of customers who were drawn in by the company’s promises of high returns on digital-asset deposits. US District Judge John Koeltl handed down the ruling on Thursday in Manhattan, marking one of

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Celsius Ex-CEO Fights DOJ’s 20-Year Sentence Proposal

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Celsius’ former CEO’s lawyers have filed a motion seeking a reduced one-year sentence and criticizing the US Department of Justice’s (DOJ) proposed 20-year punishment ahead of its upcoming sentencing hearing. Celsius Ex-Boss Slams “Death-In-Prison” Sentence Proposal On Monday, Celsius co-founder Alex Mashinsky’s

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