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When Mashinsky was arrested, prosecutors accused him of misleading Celsius customers about the nature of the business, portraying Celsius as a “modern-day bank” but operating it as “a risky investment fund.”

May 8, 2025, 9:07 PM

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    "text": "When Mashinsky was arrested, prosecutors accused him of misleading Celsius customers about the nature of the business, portraying Celsius as a “modern-day bank” but operating it as “a risky investment fund.”",
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        "title": "Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison",
        "description": "After pleading guilty to two counts of fraud, the founder of failed cryptocurrency platform Celsius will serve 12 years in federal prison."
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