Mashinsky filed a pro se motion in SDNY on Tuesday to vacate his 144-month sentence, citing ineffective counsel and "fruit of the poisonous tree" after his lawyers stopped communicating with him. The ex-Celsius CEO now pins the CEL token manipulation he was convicted for on SBF — alleging the former FTX boss "intended to destroy Celsius" — and accuses former Celsius CRO Roni Cohen-Pavon of attempting a hostile takeover. Judge Koeltl sentenced him in May 2025 for commodities and securities fraud, and Mashinsky has been representing himself since announcing the switch on May 5.

TLDR by @Benthic

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Tether settled its Celsius lawsuit with a $299.5M payment—far less than the $4.5B originally sought—closing disputes over Bitcoin liquidations before Celsius’s collapse.

Tether settled its Celsius lawsuit with a $299.5M payment—far less than the $4.5B originally sought—closing disputes over Bitcoin liquidations before Celsius’s collapse.

decrypt.co ·

Aave DAO’s “State of the Union” recalls late 2022 chaos—FTX, Celsius & 3AC collapsed, Anchor wiped $6B, stETH depegged, TVL sank to $5B, and treasury raiders drained funds. With V3 struggling, many declared DeFi dead—but ACI launched to “Make Aave Great Again.”

Aave DAO’s “State of the Union” recalls late 2022 chaos—FTX, Celsius & 3AC collapsed, Anchor wiped $6B, stETH depegged, TVL sank to $5B, and treasury raiders drained funds. With V3 struggling, many declared DeFi dead—but ACI launched to “Make Aave Great Again.”

governance.aave ·

NY bankruptcy judge greenlights $4.3 billion dollar Celsius lawsuit against Tether

NY bankruptcy judge greenlights $4.3 billion dollar Celsius lawsuit against Tether

Coindesk ·

Celsius founder Alex Mashinsky sentenced to 12 years.

Celsius founder Alex Mashinsky sentenced to 12 years.

𝕏/@Protos ·

Celsius founder Alex Mashinsky heads into sentencing

Celsius founder Alex Mashinsky heads into sentencing

𝕏/@coinage_media ·

Celsius returns as Ionic, ‘$20’ shares now worth $0

Celsius returns as Ionic, ‘$20’ shares now worth $0

Protos ·

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