A New York courtroom has set the prison trial for former Celsius Community CEO Alex Mashinsky to start on Sept. 17, 2024.
In an Oct. 3 listening to in United States District Court docket for the Southern District of New York, Decide John Koeltl stated Mashinsky’s prison trial was scheduled for September 2024, with three pretrial conferences in March, July, and September. The previous Celsius CEO will stay free on $40-million bail by way of the authorized proceedings, although his journey and sure monetary transactions are nonetheless largely restricted.
The listening to marked a number of the first actions in Mashinsky’s prison case since his arrest in July. Authorities have alleged the previous CEO misled Celsius buyers and defrauded customers out of billions of {dollars}. In September, the courtroom froze a lot of Mashinsky’s belongings together with financial institution accounts and property.
It is a growing story, and additional info might be added because it turns into accessible.
