馃毃 Breaking News in Crypto: Alex Mashinsky, founder of Celsius Network, pleads guilty to fraud charges.
- Mashinsky, once the CEO of the now-bankrupt crypto lending platform, admitted to two counts of fraud, facing up to 30 years in prison.
- His guilty plea follows charges of securities and commodities fraud linked to Celsius' 2022 collapse.
- Celsius halted withdrawals in June 2022 amid market turmoil, later filing for bankruptcy.
What are your thoughts on this development? Share your opinions in the comments!