US Attorneys Blast Ex-Celsius CEO’s Motion to Vacate as ‘Without Merit’
5 Articles
5 Articles
CoinStats - Federal Prosecutors Reject Ex‑Celsius CEO’s B...
Prosecutors in the US Southern District of New York have urged a federal judge to reject Alex Mashinsky’s bid to overturn his 12-year fraud and market manipulation sentence tied to the collapse of Celsius. In a Friday filing, attorneys for the government argued that Mashinsky’s legal challenges lack merit and that he did not substantiate allegations with the kind of sworn evidence the court would require. The request comes as Mashinsky pursues p…
According to ChainCatcher, citing Cointelegraph, the U.S. Attorney's Office for the Southern District of New York urged the court in court filings to dismiss former Celsius CEO Alex Mashinsky's application to have his conviction and sentence reduced, stating that his legal arguments "lack merit." Mashinsky was sentenced in May 2025 to 144 months in prison and fined $48 million for commodity fraud and securities fraud. In May, he informed the cou…
Prosecutors Fight Mashinsky Bid to Void 12-Year Sentence
Why Is Mashinsky Challenging His Conviction? Federal prosecutors are opposing an attempt by former Celsius CEO Alex Mashinsky to overturn his fraud conviction and 12-year prison sentence, arguing that his claims lack merit and do not justify a new hearing. In a Friday filing, prosecutors in the Southern District of New York urged the court to reject Mashinsky’s petition to vacate his conviction and sentence. The former crypto executive is repres…
U.S. Federal Prosecutors Reject Ex-Celsius CEO’s Motion to Vacate
Prosecutors in the Southern District of New York (SDNY) are urging a federal judge to reject Alex Mashinsky’s bid to overturn his 12-year prison sentence tied to Celsius’s collapse. In a Friday filing, SDNY attorneys James McDonald and Allison Nichols argued that Mashinsky’s petition lacks legal substance and should be denied without additional proceedings. The dispute centers on a motion Mashinsky filed after telling the court in May that he wo…
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