Celsius (CEL) Former CEO Expected to Plead Guilty

Source
JH Kim

Summary

  • Alex Mashinsky, former CEO of Celsius, is expected to plead guilty.
  • The Manhattan Federal Court announced that plea negotiations are underway for some charges.
  • Mashinsky was previously indicted last July on seven charges, including market manipulation.

According to a report on the 3rd (local time) from the account of Trinus X (formerly Twitter), Alex Mashinsky, the former CEO of Celsius (CEL), is expected to plead guilty. The Manhattan Federal Court announced that negotiations are underway for a plea agreement regarding some of the charges. Previously, Mashinsky was indicted in July last year on seven charges, including market manipulation, and requested to dismiss two of the securities fraud charges.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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