• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Former Celsius CEO Alex Mashinsky Requests Sentencing Delay

user avatar

by Giorgi Kostiuk

a year ago

Former Celsius CEO Alex Mashinsky has requested a delay in his sentencing hearing.

Request for Sentencing Delay

In February, Alex Mashinsky, former CEO of Celsius, submitted a request through his attorneys to the U.S. District Court for the Southern District of New York, seeking to move his sentencing from April 8 to May 8. Mashinsky's defense argued that he was pulled in multiple directions, necessitating additional preparation time for the hearing.

Charges Against Mashinsky

In 2023, Mashinsky was charged with seven counts related to fraud and manipulating the price of Celsius' CEL token. Initially set to go to trial, Mashinsky pled guilty to two charges in December 2024. Prosecutors have provided victim impact statements to his lawyers and objected to the sentencing delay.

Other Figures in the Case

Celsius' former Chief Revenue Officer, Roni Cohen-Pavon, also named in the indictment, pled guilty to four charges in September 2023. His sentencing hearing has not been scheduled yet but is expected after Mashinsky's.

The legal proceedings against former Celsius executives are ongoing, with the outcomes and possible sentences yet to be determined.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CLARITY Act Bill Progress and Its Impact on Cryptocurrency Market

chest

The CLARITY Act is entering a crucial stage in the Senate, with potential implications for major cryptocurrencies.

user avatarLeo van der Veen

WLD Token Approaches Key Resistance Level in Trading

chest

The WLD token is currently trading near a critical resistance point at 0.40, which traders are watching closely.

user avatarLi Weicheng

Thirty Seconds to Mars Teams Up with World Network to Combat Ticket Bots

chest

Thirty Seconds to Mars announced a partnership with World Network to provide human-only ticket access for their upcoming concert, aiming to give verified fans exclusive perks and prevent automated buyers from snatching up tickets.

user avatarAisha Farooq

Crypto Sector Faces Major Losses in May Due to Code Vulnerabilities

chest

In May 2026, the crypto sector faced significant losses totaling 68 million due to exploits, with 66 million linked to code vulnerabilities, primarily in crosschain bridges.

user avatarElias Mukuru

Japan Pushes for Yen-Stablecoin Promotion in Asia

chest

Japan's ruling party lawmakers call for promoting yen-denominated stablecoins for settlement in Asia to enhance blockchain innovation.

user avatarMohamed Farouk

Japan's Ruling Party Proposes Legal Framework for Crypto ETFs

chest

Japan's Liberal Democratic Party (LDP) has proposed a legal framework for cryptocurrency exchange-traded funds (ETFs) to enhance the local digital assets sector.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.