Celsius's Mashinsky, Former Crypto High-Roller, Gets 12-Year Prison Sentence
1. Alex Mashinsky received a 12-year prison sentence for Celsius fraud. 2. Celsius collapsed amid a crypto market downturn, managing over $20 billion at peak. 3. Many victims lost life savings, leading to significant public outrage. 4. Court approved partial repayments for Celsius customers affected by bankruptcy. 5. Mashinsky manipulated CEL token prices while misleading investors.