The founder of Celsius Network, a cryptocurrency lending platform, has been sentenced to 12 years in prison after being labeled a financial predator who deceived customers and caused substantial harm. Alexander Mashinsky pocketed millions while customers suffered severe losses and psychological harm.

Original article source: https://www.dailymail.co.uk/wires/ap/article-14693451/Founder-crypto-platform-Celsius-Network-sentenced-12-years-prison.html
Source Id: 2025-05-714142995