CEL dips 10% as court schedules May 8 sentencing for ex-Celsius CEO Mashinsky

The former Celsius CEO, Alex Mashinsky, faces a sombre reality as the US court confirmed his May 8 sentencing in the latest filing. United States authorities accused Alex Mashinsky of various crimes, including wire fraud, commodities fraud, and manipulating the native CEL’s price in July 2023. Meanwhile, he admitted price manipulation and commodities fraud charges

Source: Invezz