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Mashinsky’s Legal Battle Continues | Bitcoin and Crypto News
Description
Alex Mashinsky, ex-Celsius CEO now behind bars, is pushing to overturn his 12-year fraud conviction — but prosecutors call his motion a farce, accusing him of blaming lawyers for the crypto lender’s collapse. With no sworn evidence backing his claims, the judge hasn’t ruled yet. Still saddled with $48M in forfeiture and a lifetime ban from commodities trading, Mashinsky also faces ongoing SEC civil proceedings — all fallout from the 2022 crypto meltdown that shattered trust and sent shockwaves through the industry.
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