Founder of crypto platform Celsius Network is sentenced to 12 years in prison
08-05-2025 23:53 via ocregister.com

Founder of crypto platform Celsius Network is sentenced to 12 years in prison

By LARRY NEUMEISTER
NEW YORK (AP) — The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment.
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