Alex Mashinsky’s Lawyers Slam DOJ’s ‘Death-in-Prison’ Recommendation, Ask for Lenient One-Year Sentence
The lawyers for Alex Mashinsky, the disgraced co-founder of the Celsius lending platform Celsius, is hurting the recommendation of the Department of Justice (DOJ) to keep their client behind the bars for the rest of his life, rather than asking for a bad one-year sentence.
To a new one File of the courtMashinsky's lawyers say that the government has painted an unfair picture that makes it look like a monster than a first time not violent.
“The court must impose a sentence for no more than 366 days. The Venom-Laced government submission in this case as an involving a predator with the 'target' victim's' target 'intent,' they are 'stolen' their money. It ends by recommending that a first-time, non-perishable receive a death penalty.
The lawyers will further note that the DOJ completely ignores the past of Mashinsky, which includes the start of many successful businesses as well as serving for the Israeli army.
“There is no recognition of the injuries and losses he has suffered as a member of Israel's defense forces. There has been no passage to the businesses he has established for thirty years in heavy regulated environments that have brought him success before Celsius, with a disadvantage in his record.
The government believes in court that Alex was born at 59 years old, a fiend. Disappointing -a disgust in his background is not surprising; It gives all the more absurd to the notion that a man who focused on serving throughout his life suddenly underwent a Jekyll-to-hyde transformation. “
Mashinsky was arrested in July 2023 after being charged with violating the US Securities and Exchange Commission (SEC) security law. In December 2024, he Please guilty in conducting a multi-billion-dollar fraud in the crypto and other market manipulation schemes.
At this time, the DOJ said Mashinsky misses Celsius as a safe and safe platform as well as raising its potential for profitability, which greatly enhances its user base.
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Featured image: Shutterstock/Valdan22
