• 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

Bitcoin Mining Faces Pressure as Rewards Decline

chest

The Bitcoin mining economy is currently facing significant pressure as the halving system continues to reduce miner rewards, raising concerns about profitability and network security.

user avatarEmily Carter

Emin Gn Sirer Raises Concerns Over Bitcoin's Long-term Security

chest

Avalanche founder Emin Gn Sirer raises concerns about Bitcoin's long-term security due to declining miner incentives, warning of potential risks to the network's stability.

user avatarTomas Novak

Anthropic and OpenAI Announce Major Changes to Stock Transfer Policies

chest

Anthropic and OpenAI updated their stock transfer policies, declaring unauthorized transfers void, impacting investors.

user avatarKaterina Papadopoulou

Sui Network Experiences Explosive Market Momentum

chest

Sui Network is showing explosive momentum in the market, breaking out of a 7-month descending trendline and moving through key resistance levels, with potential for further growth.

user avatarLeo van der Veen

Sui Network to Embed Native Private Transactions in 2026

chest

Sui Network is set to embed native private transactions into its core protocol by 2026, enhancing confidentiality in blockchain.

user avatarMaya Lundqvist

Bitcoin Nears Significant Resistance Level.

chest

Bitcoin is nearing its 200-day moving average, a critical resistance level that could determine its price direction.

user avatarLi Weicheng

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.