Ex-Celsius Exec Sentenced to Time Served After Guilty Plea
6 Articles
6 Articles
Ex-Celsius Exec Sentenced to Time Served after Guilty Plea
A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges. In a sentencing hearing in the US District Court for the Southern District of New York on Wednesday, Judge John Koeltl ordered that Roni Cohen-Pavon be sentenced to time served and one year of supervised release for his role in manipulati…
Former Celsius exec gets time served after guilty plea
A U.S. federal judge in Manhattan has handed down time served to Roni Cohen-Pavon, the former chief revenue officer of Celsius Network, after he pleaded guilty to manipulating the price of Celsius’s CEL token and committing fraud on the now-defunct platform. Judge John Koeltl ordered that Cohen-Pavon serve time already spent in custody, followed by one year of supervised release. The sentencing marks another milestone in the criminal proceedings…
Former Celsius chief revenue officer Roni Cohen-Pavon received a sentence of time served after pleading guilty in 2023 to fraud and conspiracy to manipulate the CEL token. A federal judge in New York ordered one year of supervised release for Roni Cohen-Pavon. The Celsius criminal case is entering its final stage following the conviction of Alex Mashinsky. Roman Storm, co-founder of Tornado Cash, still faces a possible retrial in New York.
Former Celsius Executive Roni Cohen-Pavon Sentenced to Time Served in Fraud Case
What Did the Court Decide? A US federal judge sentenced former Celsius Chief Revenue Officer Roni Cohen-Pavon to time served and 1 year of supervised release over his role in the failed crypto lender’s fraud case. Judge John Koeltl issued the sentence on Wednesday in the US District Court for the Southern District of New York. Cohen-Pavon had pleaded guilty after initially denying 4 charges following his September 2023 arrest. The case centered …
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