Former Celsius CEO Alex Mashinsky may face 115 years in prison! Request to summon key witnesses for self-protection
Former Celsius CEO Alex Mashinsky is facing a potential sentence of over 100 years in prison, and his lawyer recently submitted a memorandum to the New York District Court requesting the summoning of six former Celsius employees to testify on his behalf. These witnesses include Celsius's former CFO and earnings manager.
Alex Mashinsky was arrested last year and charged by prosecutors with defrauding clients and misleading the public about Celsius's profitability. According to information provided by lawyers, sentencing guidelines could result in Alex Mashinsky being sentenced to 115 years in prison.
Celsius Company filed for bankruptcy in 2022 and will cease operations in 2023. The US Securities and Exchange Commission (SEC) filed a lawsuit against Celsius and Alex Mashinsky in July 2023, accusing them of raising billions of dollars through fraudulent and unregistered cryptocurrency sales, repeatedly concealing Celsius's actual financial situation from investors, and manipulating the price of its native token CEL.
Alex Mashinsky's defense lawyer claims that he did not intentionally harm anyone and emphasizes that as the CEO of Celsius, he has always relied on information provided by a professional team.
According to The Block, Alex Mashinsky's lawyer listed former Celsius revenue leader Roni Cohen Pavon as one of the key witnesses. Cohen Pavon reportedly pleaded guilty to the relevant charges last year. Alex Mashinsky's lawyer stated that Cohen Pavon and other employees violated Alex Mashinsky's instructions to sell CEL tokens and instead decided to purchase more CEL tokens without informing him.
Prosecutors claim that Alex Mashinsky and Cohen Pavon jointly manipulated the price of CEL tokens by spending millions of dollars to buy CEL to support and raise the price, and then profited from it. Alex Mashinsky's lawyer stated that Cohen Pavon provided legal advice to Celsius regarding the buying and selling of CEL tokens, making him a key witness in the price manipulation allegations.
In addition, Alex Mashinsky's lawyer also mentioned Celsius's weekly "Ask Mashinsky Anything" live streaming events, which aim to update Celsius's clients on company dynamics. Lawyers stated that the company's legal and risk teams reviewed and edited the content of the event, and many modifications were not communicated to Alex Mashinsky, indicating that if there were any inaccuracies in Alex Mashinsky's statements, it was not intentional deception but rather misleading.
Alex Mashinsky's defense lawyer emphasized that he has always expected the company's professional team to correct any potential errors during the review process, indicating that he acted in good faith and not involved fraudulent behavior. However, the lawyer claims that these modifications and corrections are almost always made without Mr. Alex Mashinsky's knowledge.
(责任编辑:风向标)
-
SEC 指控 Unicoin 及其三名高管涉嫌 1 亿美元证券欺诈
如果他将女孩推出地铁门的时间再晚一点,她是不是会被夹伤,甚至死亡? 纵使,刚开始,这个男孩是被骚扰,但是,他也有文明处理这件事情的选择。...[详细]
-
这就意味着,将近一半企业的发行费率仍高于平均水准。...[详细]
-
如果能够重来一遍的话,我们是应该要尽早去抱战略投资者的大腿。...[详细]
-
大佬们都相信,未来的消费市场在7亿农村人手中。...[详细]
-
以太坊 (ETH) 价格飙升:交易员押注 ETH 价格将达到 6,000 美元
除了“不赚钱”外,毕胜隐隐感到项目前景可能有问题。...[详细]
-
不过他也意识到了一点,niconico需要以这些平台作为参考来进行改变。...[详细]
-
当年,如果没有中国移动的梦网计划让腾讯有机会直接对用户收费变现,大家现在就看不到微信了。...[详细]
-
唯有诚信,能使企业立足市场,稳步发展;也唯有创新,能让企业夯实力量,致胜未来。...[详细]
-
Arthur Hayes 更新投资组合:预测加密货币市场将迎来“严重回调”
近几年外界天天黑百度,百度也确实不争气,最近五年昏招迭出,然而广告业务日进斗金,怎么折腾都死不了,气死了不少观察家。...[详细]
-
XRP 价格预测——“混合信号”意味着山寨币将朝这个方向发展!
初音开始成为一名真正的高人气歌手,她不仅开始推出自己的实体专辑,还在世界各地开起了自己的全息演唱会。...[详细]