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Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison – TON BOT

TON BOT

Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison

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Former CEO of Celsius, Alex Mashinsky, has pleaded guilty to fraud and market manipulation charges, facing a possible 30-year prison sentence. He admitted to misleading investors and artificially inflating the value of Celsius’ token, CEL. His guilty plea follows that of another Celsius executive, indicating potential further charges.

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