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April 29, 2025

Celsius Founder Alex Mashinsky Faces 20 Years for Massive Fraud

U.S. prosecutors are pursuing a 20-year prison sentence for Celsius founder Alex Mashinsky. They describe his actions as a carefully calculated fraud that resulted in billions in losses for thousands of customers. The implications of this case stretch across the cryptocurrency landscape, creating a chilling effect for other market participants. Investors are urged to stay informed as the case unfolds. This is a significant moment in the ongoing saga of cryptocurrency regulation and accountability.

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