Alex Mashinsky, Former Celsius CEO, Set to Plead Guilty in Major Fraud Case

In a significant development in the cryptocurrency sector, Alex Mashinsky, the ex-CEO of the Celsius Network, is expected to plead guilty to charges of fraud in a federal court in the United States. The charges stem from allegations that he misled investors about the viability of his company, which once managed about $25 billion in assets before declaring bankruptcy in July 2022.

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