Bitcoin24h $103,019.22+4.18%

Ethereum24h $2,239.62+17.60%

XRP24h $2.30+5.77%

BNB24h $628.46+2.84%

Solana24h $163.09+8.42%

Dogecoin24h $0.1960+8.62%

Cardano24h $0.7655+9.02%

TRON24h $0.2548+1.87%

Sui24h $3.93+9.06%

Chainlink24h $15.74+8.62%

BREAKING: Celsius founder Alex Mashinsky receives 12-year sentence

Mashinsky’s lawyers argued that a 15-year sentence would be “too much,” and that his deeds aren’t comparable to other scams like OneCoin.

Ionic restarted Celsius’ crypto miners and is already facing a lawsuit

Ionic Digital, which purchased crypto mining assets from Celsius’ bankruptcy, has seen seven directors resign.

Former Celsius CEO Mashinsky claims his current legal obligations have put him in an “untenable situation” that requires a sentencing delay.

Strong Blockchain, a project led by Krissy Meehan and Alex Mashinsky, appears to have quietly failed with no verified vendors on the platform.

It’s alleged that Mashinsky misrepresented the success of Celsius Network to investors and manipulated the price of its CEL token.