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Alex Mashinsky, the former CEO of Celsius Network, plans to plead guilty to 2 counts of fraud in a U.S. federal court. Prosecutors say Mashinsky sweet-talked customers while Celsius burned, pumped the CEL token’s value, and pocketed $42 million before the collapse. By July 2022, Celsius was toast, filing for bankruptcy and freezing $4.7 billion of customers’ assets—just as Mashinsky walked off richer. This comes after his right-hand man, Roni Cohen-Pavon, also pled guilty last year. Looks like the Celsius squad is cooling off—in court.