Former Celsius CEO to serve 12 years starting this week

According to Coinjie.com, former Celsius CEO Alex Mashinsky will report to the federal prison in Otisville, New York on Friday after pleaded guilty to felony charges such as commodity fraud and manipulation of CEL token prices. Celsius went bankrupt in 2022, and Mashinsky waived all company claims rights and became another crypto industry executive who was imprisoned after SBF and CZ.