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April 29, 2025

Celsius Founder Alex Mashinsky Faces 20-Year Prison Sentence from DOJ

The former CEO of Celsius Network, Alex Mashinsky, is facing serious charges as the U.S. Department of Justice seeks a 20-year prison sentence. The DOJ claims Mashinsky’s actions in managing the firm were deliberate, potentially leading to financial losses for investors. The case highlights the ongoing scrutiny of crypto executives and the legal ramifications of mismanagement within the rapidly evolving cryptocurrency industry. As the market holds its breath, the outcome of this case could have far-reaching implications.

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