Crypto CEO sentenced
🚔 Crypto CEO sentenced: Alex Mashinsky, former Celsius Network CEO, just got slapped with 12 years for securities and commodities fraud (paywall link). Prosecutors wanted 20, but he got off slightly easier. Celsius collapsed in 2022, leaving a $1.19 billion crater. Turns out its slogan, “Unbank Yourself,” actually meant “Unpack Your Belongings in Cellblock D.”
Tags: crypto, easier, fraud, Link, network