Ex-Celsius CEO asks to travel for a wedding after sentencing

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Ex-Celsius CEO asks to travel for a wedding after sentencing

^{Published on 2025-05-08 12:46:44 - CoinTelegraph}

Alex Mashinsky made a last-minute request to travel for his daughter's wedding mere hours before he was scheduled to be sentenced on two felony charges.

Alex Mashinsky, the former CEO of Celsius Network, was sentenced to a minimum of 18 months in prison after pleading guilty to fraud charges related to the collapse of the cryptocurrency lending platform. The sentencing occurred just before Mashinsky's planned wedding in Italy, causing significant disruption to his personal plans. He was arrested at his home in New York and is currently awaiting extradition to face further charges. The collapse of Celsius Network, once valued at over $20 billion, left many investors unable to withdraw their funds, leading to widespread financial losses and legal action against Mashinsky and other executives.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/alex-mashinsky-celsius-sentencing-wedding-travel ]

N@N

Ex-Celsius CEO asks to travel for a wedding after sentencing