# Celsius CEO Alex Mashinsky to be Sentenced May 8

*Author: Bankless*
*Published: Apr 24, 2025*
*Source: https://www.bankless.com/fr/read/celsius-ceo-alex-mashinsky-to-be-sentenced-may-8*

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Former Celsius CEO Alex Mashinsky is set to be sentenced on May 8, 2025, after pleading guilty to fraud and price manipulation charges last year. 

## **What’s the Scoop?**
- **Guilty Plea on Fraud Charges**: Alex Mashinsky pleaded guilty to commodities fraud and price manipulation involving the CEL token in December 2024.
- **DOJ Allegations**: Mashinsky faced charges of defrauding Celsius customers and lying about the firm’s profitability before its 2022 collapse.
- **Scheduled Sentencing**: Mashinsky will be sentenced on May 8, 2025, marking a major reckoning in crypto’s turbulent history.
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