Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam
Alex Mashinsky—the disgraced founder of the Celsius Network cryptocurrency bank who deceived hundreds of thousands into losing billions with the catchy slogan "unbank yourself"—was sentenced to 12 years in prison
#AlexMashinsky #Celsius #legal #cryptocurrency #crypto #fintech #web3 #technology #tech
Department of Justice: Founder Of Celsius Sentenced To 12 Years For Fraud And Market Manipulation. “Jay Clayton, the United States Attorney for the Southern District of New York, announced today that ALEXANDER MASHINSKY, the founder and former Chief Executive Officer of Celsius Network LLC and their affiliated entities (collectively, ‘Celsius’), was sentenced to 12 years for committing […]
Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam https://arstechni.ca/2ftYz #cryptocurrencyfraud #securitiesfraud #CelsiusNetwork #cryptocurrency #AlexMashinsky #Policy
#AlexMashinsky, founder of failed #crypto bank #Celsius, sentenced to 12 years in prison. Joins #SBF. https://www.wired.com/story/celsius-founder-alex-mashinsky-sentenced-to-12-years-in-prison/
Prosecutors Seek 20-Year Prison Sentence for Celsius Ex-CEO Alex Mashinsky for Crypto Fraud
#AlexMashinsky #Celsius #ceo #cryptocurrencyregulation #prisonsentence
https://blazetrends.com/prosecutors-seek-20-year-prison-sentence-for-celsius-ex-ceo-alex-mashinsky-for-crypto-fraud/?fsp_sid=22071
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#TheCryptocalypseChronicles: Pete Hegseth, A Man Of Questionable Judgment
#PeteHegseth's in the news lately because of a "mishap" with a Signal group chat involving possibly top secret information about killing #Houthis. You might think this demonstrates poor judgment.
This is all less surprising if you know that Hegseth is a crypto bro who lost a bunch of money in possibly the most obvious cryptocurrency ponzi scheme in history, #CelsiusNetwork. Hegseth entrusted the group of Russian Israelis running #Celsius with his hard earned money *even after* the CFO of the firm was sent to prison in #Israel for #moneylaundering and organized crime connections.
tl;dr Maybe America should reconsider putting crypto bros in charge of the military.
Retoots appreciated.
https://cryptadamus.substack.com/p/pete-hegseth-a-man-of-questionable
#DOD #AlexMashinsky #Russia #uspol #eupol #MosheHogeg #corruption #Pentagon #Putin #SignalGate
Alex Mashinsky, former CEO of collapsed crypto lender Celsius, pleaded guilty to fraud and market manipulation, accepting a 30-year prison sentence.
#CelsiusBankruptcy #CryptoCrime #AlexMashinsky #FinancialFraud #CryptoRegulation
Here's Mashinsky's arguments for dismissing the charges: https://www.courtlistener.com/docket/67604619/42/united-states-v-mashinsky/
On charge six, they cite the portion of the Commodities Exchange Act that prohibits market manipulation, and argue that any claims that Mashinsky lacked fair notice are premature and must await conclusion of the trial.
The government says his motion to dismiss misunderstands count 2, arguing against something they aren't even claiming. They also go into more detail about how this charge is not contradictory with the commodities fraud charge.
Unsurprisingly, the US prosecutors have opposed Alex Mashinsky's motion to dismiss two of his criminal charges.
I just put it on RECAP for anyone else who likes to spend their Friday nights reading this kind of thing: https://www.courtlistener.com/docket/67604619/43/united-states-v-mashinsky/
For today's #TotallyUnsurprisingNews, #AlexMashinsky, the disgraced former CEO of #Celsius #crypto infamy, has had his assets frozen. :blobcat_thisisfine:
Huge Scammer Gets Arrested 💪 :blobcathighfive:
The former CEO of bankrupt crypto lender Celsius, Alex Mashinsky, has finally been arrested.
The top story on Techmeme right now is disgraced former Celsius CEO Alex Mashinsky’s arrest. But whatever became of his co-founder, the CTO who moved to Tampa? He’s free — and he joined one of the meetups I organize!
#Crypto #cryptocurrency #Celsius #CelsiusNetwork #Mashinsky #AlexMashinsky #Goldstein #NukeGoldstein #fraud #Tampa #news
BREAKING: In today's #TotallyUnsurprisingNews, #Celsius Network's ex-CEO #AlexMashinsky has just been arrested!
Bloomberg: "The arrest took place Thursday morning, according to the person, who asked not to be identified because the criminal case isn’t public."
Oftentimes, karma works in cycles.
CFTC stellt fest: Celsius-Chef Mashinsky hat gegen geltendes Recht verstoßen https://de.cointelegraph.com/news/former-celsius-ceo-mashinsky-broke-cftc-rules-investigators #AlexMashinsky #CelsiusCFTC #Celsius #Krypto #CTFC
#Reuters publishes a biography of #AlexMashinsky,
founder and CEO of #CelsiusNetwork
http://bit.ly/3WRAVIK
Born in #Ukraine, his family immigrated to Israel.
The guy started in bizz by reselling cheap stuff seized and auctioned off at #BenGurion airport customs
Main problem for #Celsius was its exposure to stablecoin #UST, #Luna token and Terra #blockchain
In today's #TotallyUnsurprisingNews, the New York State Attorney General has filed a fraud case against #Celsius and #AlexMashinsky:
“Alex Mashinsky promised to lead investors to financial freedom but led them down a path of financial ruin”.
“The law is clear that making false and unsubstantiated promises and misleading investors is illegal.”
Moar #TotallyUnsurprisingNews: #FTX's infamous #SBF has just been arrested.
Boy, nobody saw that one coming, amirite? :oof:
When are they gonna come for #AlexMashinsky (#CelsiusNetwork)? I mean, the guy's living in New York, no extradition required...
