The sentenger to the co-founder and ex-eo by the bankrupt Celsius crypto company Alex is planned for May 8. This follows from the prosecution filed to the court.
The prosecutors asked to introduce more than 200 statements from the victims as a result of the collapse of the project.
In December 2024, Machinsky pleaded guilty for two accusations of seven – fraud with exchange goods and manipulators of CEL token. According to preliminary estimates, he faces up to 30 years in prison.
Initially, the verdict was to be announced on April 8. But the entrepreneur’s lawyers requested a delay to collect additional materials in his defense.
In June 2022, Celsius suspended the withdrawal of funds, exchange and transfers between accounts “due to extreme market conditions.”
After submitting a bankruptcy application, the company reported on a “hole” in a balance sheet of $ 1.2 billion. In August, it became known that its obligations exceed assets by $ 2.85 billion.
In the fall, Machinsky left the general director. Later, the Prosecutor General of New York accused him of deceiving investors “for billions of dollars.”
On July 13, 2023, US law enforcement officers detained the entrepreneur. He hired the same lawyers who defended the interests of the founder of the bankrupt exchange of FTX Sam Bankman-Fried. The latter is serving a 25-year fraud in the federal prison of the USA.
Recall, according to the initially made by the machine accusations, he was threatened in total until 115 years of imprisonment.
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Source: Cryptocurrency
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