Alex Mashinsky is attempting to shift blame for Celsius’ collapse to FTX and its former CEO Sam Bankman Fried in court filings, despite confessing to manipulating CEL himself. He accuses FTX of orchestrating the market manipulation of CEL, contradicting his guilty plea. Mashinsky also accuses former CRO Roni Cohen Pavon of plotting a hostile takeover, despite Pavon cooperating with prosecutors and receiving a lighter sentence. Mashinsky’s efforts to rewrite the narrative of Celsius’ collapse are seen as a last-ditch attempt to control the story.

Leave a Reply