Celsius founder Alex Mashinsky seeks to vacate 12-year fraud sentence, cites Sam Bankman-Fried connection
Alex Mashinsky, founder of Celsius Network, is seeking to vacate his 12-year fraud sentence. He claims ineffective legal counsel and links his case to the actions of Sam Bankman-Fried, the former FTX founder. Mashinsky filed a pro se motion in the US District Court, arguing that evidence against him was improperly obtained.
- ▪Mashinsky pleaded guilty to commodities and securities fraud charges in December 2024.
- ▪He was sentenced to 12 years in prison and ordered to forfeit approximately $48.4 million.
- ▪Mashinsky's defense argues that his legal representation was ineffective and that evidence used in his case was tainted.
Opening excerpt (first ~120 words) tap to expand
Celsius founder Alex Mashinsky seeks to vacate 12-year fraud sentence, cites Sam Bankman-Fried connection The former Celsius CEO filed a pro se motion claiming ineffective legal counsel and tainted evidence in his commodities and securities fraud case. Share Add us on Google by Editorial Team May. 29, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
