Celsius (CEL)

U.S. Southern District of New York Federal Court sentenced Celsius former Chief Revenue Officer Roni Cohen-Pavon to “time served” and a one-year supervised release, after he previously pleaded guilty to fraud and manipulation charges related to the CEL token price. Cohen-Pavon was charged in 2023 alongside Celsius founder Alex Mashinsky, in a case involving massive user losses after Celsius collapsed in 2022. Under the agreement, Cohen-Pavon must also pay more than $1 million in restitution and a $40,000 fine; Mashinsky was previously sentenced to 12 years in prison and ordered to forfeit $48 million in assets. (Cointelegraph) https://t.co/GjTO6ydjJI

【Breaking⚡】
🇺🇸US authorities discovered $10 million (≈¥1.57 billion) linked to Sam Bankman‑Fried. 🇺🇸Washington state approved a ban on crypto ATMs over scam concerns.

- Former Celsius CEO Alex Mashinsky will represent himself in court.
$SBF $CEL #仮想通貨ATM

https://t.co/HVZjPw1UEg

📜 DOJ Recommends Leniency for Ex-Celsius Exec

US prosecutors requested a lenient sentence for former Celsius Chief Revenue Officer Roni Cohen-Pavon, citing his cooperation in the investigation, according to court filings.

While Cohen-Pavon's legal team asked for time served, US Attorney Jay Clayton deferred to federal sentencing guidelines without specifying a concrete recommendation.