Alex Mashinsky, co-founder of Celsius Network, pleaded guilty to two counts of fraud related to artificially inflating the price of CEL tokens, generating $42 million in personal profits, amid widespread crypto turmoil that led to Celsius’ collapse.
Source: https://www.bloomberg.com/news/articles/2024-12-03/ex-celsius-ceo-alex-mashinsky-to-plead-guilty-in-us-fraud-case