• 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

10 months 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

Community Efforts Propel Seasonal Tokens Forward

chest

The Seasonal Tokens community has been instrumental in driving growth and stability within the project through coordinated efforts to promote price growth and reduce market inefficiencies.

user avatarMohamed Farouk

Ripple's RLUSD Stablecoin Gains Recognition and Market Capitalization

chest

Ripple's RLUSD stablecoin has gained recognition from financial authorities, leading to a significant rise in its market capitalization, reaching almost $13 billion.

user avatarTenzin Dorje

Seasonal Tokens Show Resilience Amid Market Fluctuations

chest

The Seasonal Tokens project has shown resilience through market fluctuations, surviving a severe crypto winter and recovering significantly.

user avatarElias Mukuru

Spring Token Completes Second Halving, Signaling New Market Dynamics

chest

On September 5, 2025, the mining supply of the Spring token was halved for the second time, marking a significant milestone for the Seasonal Tokens project and expected to increase its value.

user avatarBayarjavkhlan Ganbaatar

Avalanche AVAX Price Shows Signs of Reversal

chest

The AVAX price has broken out of a descending channel, indicating a potential trend reversal.

user avatarKenji Takahashi

Powell Discusses Labor Market Dynamics Amid Inflation Pressures

chest

Jerome Powell discussed the labor market, noting low layoffs, slow job growth, and persistent inflation pressures.

user avatarDiego Alvarez

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.