New York – Prosecutors told a judge on Tuesday that the Failed Cryptocurrency NDing Platform Founder and former CEO would have to be behind the 20-year-old prison for false and self-transfer, which consumes billions of dollars of customers.
Alexander Mashinski (1) told thousands of customers that their money was safe and protected, so that by 2021, investors made more than $ 20 billion in Celsius, they wrote a submission to the Manhattan Federal Court on May 7 before scheduled on May 7.
Prosecutors said that “they were not,” mentioned that Celsius declared bankruptcy in 2022 and acknowledged that what they invest in customers could not return.
Prosecutors said that Mashinski fabked the profitability of the Celsius and kept the customer’s funds in continuous loans and the mercury of the undefeated market. Meanwhile, the company has advertised itself as a modern -day bank where people can safely submit the crypto assets and earn interest.
“Mashinsky’s behavior made him rich,” they wrote.
Defense lawyers have said that their clients have not been in prison for more than one year and one day after being convicted of federal fraud in December. In doing so, he acknowledged that customers were confusing between 2018 and 2022.
Defense blamed Celsius for the “disaster recession” of the cryptocurrency markets in May and June.
Lawyers said, “His actions were never hunters, exploitative or venals. He never played with the intention of hurting anyone.
They also mentioned that the former Soviet Union had an early life in Mashinsky in a small Ukrainian city, which his family escaped at the age of 7. They moved to Israel, where Mashinsky worked as a warrior pilot for three years in the Israeli Defense Force.
“This case is not about any arrogant, greedy swindler, who thought he could steal the money of people’s rigid earnings to satisfy his headonistic joy. Or it was not about a sham company that was published as a card house when it went bankrupt.
Lawyers described Mashinsky as a devoted father to six children who claimed lens in the part because his offenses were derived from “otherwise valid attempt that entered the crime as a result of unexpected inconvenience”. “
In his petition, Mashinsky recognized that Cricketo’s owned crypto token was secretly selling its own tokens at about $ 48 million in inflamed prices in pockets.
In court, he acknowledged that in 2021, he publicly suggested that the agency had regulatory consent for the action because he knew that customers would “find false comfort”.
He said that in 2019, he was selling crypto tokens even though he told the public that he was not, customers would get false comfort from it.
A complaint has been alleged that Mashinsky media interviewed, promoted Celsius through his social media account and Celsius ‘website, as well as a weekly “Mashinski” session broadcast that was posted on Celsius’ website and a YouTube channel.
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