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US prosecutors file over 200 victim statements in Celsius ex-CEO’s case

cryptoweekly by cryptoweekly
April 24, 2025
in bitcoin, News
0

US prosecutors have shared over 200 victim impact statements in their case against admitted fraudster Alex Mashinsky, whose sentencing is set for May 8.

US federal prosecutors have filed statements from hundreds of victims in their case against Alex Mashinsky, the founder and former CEO of the defunct crypto lender Celsius Network.

The recently sworn-in interim US Attorney for Manhattan, Jay Clayton, said in an April 23 letter to a Manhattan federal court that he was sharing “more than 200 victim impact statements” collected by his office.

The statements span 418 pages of Celsius users, some named and some only using their initials, detailing the impact that the collapse of the firm had on their lives and how much money they had lost as a result.

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  • US Bitcoin ETFs record first back-to-back $1B inflows
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