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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Unified Account
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Futures Kickoff
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Futures Events
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Demo Trading
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Investment
Simple Earn
VIP
Earn interests with idle tokens
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Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
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VIP
Top asset management team helps you profit without hassle
Crypto Loan
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Pledge one crypto to borrow another
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New
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
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Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
Soft Staking
Earn rewards with flexible staking
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- 🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
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Former Celsius CEO Mashinsky will face a ruling on fraud and manipulation of Token prices on May 8.
Gate.io News bot message, according to documents from the New York District Court, the sentencing date for former Celsius CEO Alex Mashinsky is set for May 8. Mashinsky will face a court ruling regarding charges of fraud and manipulation of the price of CEL Token.
Mashinsky was arrested in July 2023, facing multiple charges including commodity fraud and securities fraud. In December 2023, he pleaded guilty to one count of commodity fraud and one count of price manipulation, which carry a maximum sentence of 20 years in prison. The sentencing, originally scheduled for April 8, was postponed by a month due to the defense needing to submit additional evidence.
According to TheBlock, Celsius managed $13 billion in customer deposits before its bankruptcy, which the company announced during the downturn of the cryptocurrency market in 2022.