Celsius Network

Alex Mashinsky, the founder of Celsius Network, has been sentenced to 12 years in prison for defrauding customers and misusing their funds. This case highlights ongoing regulatory scrutiny in the crypto industry, emphasizing the importance of transparency and security in digital asset investments.

Alexander Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison for defrauding customers, highlighting the significant risks in the crypto lending space.