View full page at cryptocraft.com

 

Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated

From decrypt.co

Alex Mashinsky, the founder and former CEO of defunct crypto lending platform Celsius, is seeking to vacate his 12-year prison sentence according to a new motion filed in the District Court for the Southern District of New York. The motion to vacate, which is handwritten by Mashinsky, cited ineffective counsel and “fruit of a poisonous tree” as grounds for vacating the sentence. Mashinsky, who pleaded guilty to counts of commodities and securities fraud, attached additional materials to support his claims, noting that his ineffective counsel was in part due to “financial duress resulting in unavoidable and absolute ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News