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Celsius executive Cohen Pavon may get a lighter sentence for cooperation
Federal prosecutors have asked a New York court to reduce Roni Cohen Pavon’s sentence due to his cooperation in the case against Alex Mashinsky.Court filings state that Cohen Pavon was prepared to testify, and prosecutors believe this influenced Mashinsky’s decision to plead guilty before trial.Defense lawyers have requested time served ahead of a rescheduled May 13 sentencing, citing his admission of guilt in the CEL token manipulation scheme.
2026-05-06 06:39:25
Celsius founder Alex Mashinsky reaches $10 million FTC settlement with lifetime crypto industry ban
A large portion of the judgment was suspended, leaving Mashinsky on the hook for $10 million.The FTC banned Mashinsky from any future dealings in the crypto and financial services sectors.
2026-04-30 01:33:00
Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement
The settlement represents a massive reduction from an initial $4.7 billion judgment against the Celsius founder.
2026-04-29 19:39:10
