US Government Asks for $1M in Forfeiture From Ex-Celsius Exec Ahead of Sentencing

Ex-Celsius executive likely to agree to $1.07 million forfeiture as sentencing looms - CoinCodeCap

In a significant development, Roni Cohen-Pavon-former exceutive of now defunct crypto lending platform Celsius-is set to appear in the US District Court for the Southern District of New York on Thursday, days after agreeing to hand over $1.07 million linked to his role in manipulating the price of CEL token. The US Attorney’s Office for the Southern District of New York confirmed the forfeiture figure in a Tuesday court filing. US Attorney Jay C…

US Government Asks for $1M in Forfeiture from Ex-Celsius Exec Ahead of Sentencing

Former Celsius chief revenue officer Roni Cohen-Pavon, scheduled to be sentenced on Thursday after a guilty plea, agreed to a judgment of $1 million that he obtained as a result of his crimes.

Ahead of Sentencing, US Seeks $1M Forfeiture From Ex-Celsius Exec

A former Celsius executive is set to forfeit more than $1 million ahead of a sentencing hearing in the U.S. district court system, according to court filings. The U.S. Attorney for the Southern District of New York indicated that Roni Cohen-Pavon consented to a judgment of $1,070,000 representing proceeds traceable to his alleged crimes, with credit for funds—whether cash or cryptocurrency—held in Celsius that may be available through the platfo…