{"id":5019,"date":"2025-04-29T15:40:00","date_gmt":"2025-04-29T14:40:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5019"},"modified":"2025-04-29T15:34:46","modified_gmt":"2025-04-29T14:34:46","slug":"celsius-ceo-alex-mashinsky-20-year-sentence","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/celsius-ceo-alex-mashinsky-20-year-sentence\/","title":{"rendered":"Celsius CEO Alex Mashinsky Sentenced to 20 Years in Prison"},"content":{"rendered":"\n
Founded in 2017<\/strong>, Celsius Network<\/strong> was a leading figure in Decentralized Finance (DeFi<\/a><\/strong>). Led by Alex<\/strong> Mashinsky<\/strong>, it promised astronomical returns on crypto<\/a> deposits, quickly attracting thousands of users enticed by the promise of easy profits.<\/p>\n\n\n\n However, behind CEO Alex Mashinsky’s eloquent speeches lay a massive pyramid scheme<\/strong>. Artificially inflating figures, the leader managed to raise nearly $12 billion<\/strong> from savers before collapsing in June<\/strong> 2022<\/strong>. A disaster that left many investors financially ruined.<\/p>\n\n\n\n