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    Celsius lawsuit cryptocurrency fraud

    Former Celsius CEO Pleads Guilty in $42M Crypto Fraud Case

    December 06, 2024 • 1 min read

    Alex Mashinsky, former CEO of Celsius, has pleaded guilty to two criminal charges involving investor deception and illegal trading practices. The cryptocurrency executive faces up to 30 years in prison after admitting to manipulating markets and making false claims about regulatory approval.

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