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Alex Mashinsky
ConvictedFounder and CEO of Celsius Network; sentenced to 12 years
Alex Mashinsky founded Celsius in 2017 and marketed it as a bank replacement — "unbank yourself" — offering double-digit yields on deposits and telling weekly AMA audiences their funds were safe while the company took escalating risks with them.
Pleaded guilty to commodities fraud and to a scheme to manipulate the price of the CEL token, and was sentenced to twelve years in 2025 with over $48m of forfeiture. Evidence showed he sold roughly $40m of his own CEL while publicly assuring depositors the platform was safe.
ОСУЖДЁН: 12 лет (2025), признал вину по 2 эпизодам (источник: редакционная база персон v6 — требует проверки)
| Entity / person | Type | Relationship | Period | Status |
|---|---|---|---|---|
CCelsius | Coin | Founder Founder, CEO | — | Active |
In the news5
Celsius Founder Alex Mashinsky Hit With $10M FTC Settlement
Celsius co-founders Leon, Goldstein to pay FTC over $6M
Celsius co-founders Leon, Goldstein to pay FTC over $6M
The Day Celsius Froze $4.7 Billion in Crypto – The Crazy Crypto Stories
Wallets Tied to Former Celsius CEO Alex Mashinsky Dump 17,600 ETH as Legal Fallout Continues