📰 News Alert...

🔖 Title: Victim Statements Filed in Case Against Former Celsius CEO Alex Mashinsky

🗓️ Published: 2025-04-23T15:00:00-04:00

📄 Summary: In a significant development in the case against Alex Mashinsky, former CEO of the failed crypto lender Celsius Network, US federal prosecutors have submitted over 200 victim impact statements to a Manhattan federal court. These statements, totaling 418 pages, highlight the financial devastation faced by Celsius users following the company's downfall. Many victims entrusted their life savings to the platform, relying on Mashinsky's claims of safety. While some statements call for the maximum sentence of 30 years for Mashinsky, a few advocate for leniency, citing remorse and external economic factors contributing to the company’s collapse. Mashinsky's sentencing is scheduled for May 8.

🔗

https://cointelegraph.com/news/prosecutors-over-200-victim-impact-statements-in-alex-mashinsky?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Jesse Coghlan

💔 #CryptoJustice #FinancialRegulation #CelsiusNetwork