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Former Celsius CEO to Be Sentenced in May as 200+ Victims Demand Justice

  • Former Celsius Network CEO Alex Mashinsky is scheduled to be sentenced on May 8, 2025, following his guilty plea to fraud and market manipulation charges.
  • Over 200 victim impact statements have been submitted by Celsius users detailing the financial and emotional effects of the platform's collapse.
  • The victim statements, totaling over 400 pages, reveal the loss of retirement savings, family investments, and other financial hardships experienced by users.
  • Mashinsky's sentencing could result in a prison term of up to 20 years, with the possibility of extending to 30 years if sentenced consecutively on all charges.

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