Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Alex Mashinsky, the founder and former CEO of bankrupt crypto lending platform Celsius, has blasted the government's 20-year “venom-laced” sentence request, declaring it a “death-in-prison sentence. ”The US Department of Justice requested Mashinsky receive at least 20 years behind bars in the May 8 sentencing for his role in misleading Celsius users and profiting from the price manipulation of Celsius (CEL), which would make the 59-year-old 79 if he serves the whole sentence. Lawyers acting for Mashinsky argued in a May 5 reply memorandum filed in a New York district court that he should receive no more than 366 days, because the DOJ hasn't taken into account his status as a nonviolent first-time offender with a previously unblemished 30-year history in business.   “The government's venom-laced submission recasts this case as one involving a predator with an intent to target victims, harm them, and steal their money,” they said source: https://cointelegraph.com/news/celsius-mashinsky-lashes-govt-death-in-prison-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound