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Former Celsius Network CEO Alex Mashinsky is set to appear in court for sentencing on May 8 after pleading guilty to commodities fraud and token manipulation. The case has drawn strong reactions from affected crypto users, with many demanding accountability for the platform’s collapse.
- Mashinsky pleaded guilty to commodities fraud and token manipulation in December 2023.
- Victims' impact statements reveal deep financial and personal losses tied to Celsius' bankruptcy.
- Prosecutors and some victims are pushing for strict sentencing, rejecting calls for probation.
📎 Related coverage from: cointelegraph.com