DOJ Calls for 20 Years Behind Bars for Celsius CEO Alex Mashinsky Over ‘Deliberate' Fraud

  • TL;DR The U.S. Department of Justice is requesting a 20-year prison sentence for former Celsius CEO Alex Mashinsky over intentional financial fraud. Mashinsky admitted to manipulating the CEL token and causing over $550 million in losses while personally pocketing $48 million. Affected investors are demanding a harsh sentence after losing more than $4.