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Founder of crypto lender Celsius sentenced to 12 years in prison

todayMay 9, 2025 12

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The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment.

 The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment. Read More Breaking News, Latest News and Videos | CNN 

Written by: Energy 90.5

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