Alex Mashinsky sentenced to 12 years for orchestrating $550M Celsius crypto fraud

9-5-2025 – Alex Mashinsky, the embattled founder of the cryptocurrency platform Celsius, has been handed a 12-year prison sentence following a landmark fraud case that sent shockwaves through the digital asset industry. In a dramatic conclusion to one of the most significant cryptocurrency fraud cases to date, the court ordered Mashinsky to serve concurrent sentences [. . source: https://www.cointrackdaily.com/alex-mashinsky-sentenced-to-12-years-for-orchestrating-550m-celsius-crypto-fraud/