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Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Crypto Fraud: Full Analysis

Alex Mashinsky, the founder and former CEO of cryptocurrency lending platform Celsius Network, has been sentenced to 12 years in prison for defrauding investors and customers out of billions of dollars. The sentence was handed down by U.S. District Judge John Koeltl in Manhattan’s Southern District of New York on Thursday, May 8, 2025.

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WLFI Founders Meet with Binance’s CZ in Abu Dhabi to Shape Crypto’s Future

In a significant development for the cryptocurrency ecosystem, founders of Web3 Liquidity Fund International (WLFI) recently held high-level discussions with Binance founder Changpeng Zhao, widely known as “CZ,” in Abu Dhabi. The meeting centered on accelerating global cryptocurrency adoption, establishing new industry standards, and advancing the entire blockchain sector to new heights.

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