Ex-Celsius Exec Sentenced to Time Served after Guilty Plea
Cointelegraph
Former Celsius chief revenue officer Roni Cohen-Pavon was sentenced to time served following his guilty plea for fraud and market manipulation.Summary
US District Judge John Koeltl sentenced former Celsius chief revenue officer Roni Cohen-Pavon to time served and one year of supervised release. Cohen-Pavon, who pleaded guilty to charges related to the manipulation of CEL token prices and fraud at the collapsed crypto lender, was also ordered to pay a $40,000 fine and over $1 million in forfeiture. His sentencing follows the legal resolution of the case against former Celsius CEO Alex Mashinsky, who previously received a 12-year prison sentence for his role in the platform's collapse.
(Source：Cointelegraph)