Tags: ALEX

Prosecutors had sought 20 years, citing Mashinsky’s $48M personal profits and unrepentant attitude toward defrauding retail investors.

With Pertsev now under electronic monitoring, his appeal could set a precedent for how courts treat privacy-focused crypto developers.

Mashinsky admitted to faking regulatory approval claims and secretly profiting $48 million from inflated CEL token sales.

Eligible Celsius creditors in specific classes will receive payouts via PayPal, Venmo, or Coinbase, based on BTC at $95,836.23.