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A New York court docket has set the prison trial for former Celsius Community CEO Alex Mashinsky to start on Sept. 17, 2024.
In an Oct. three listening to in United States District Court docket for the Southern District of New York, Choose 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 the authorized proceedings, although his journey and sure monetary transactions are nonetheless largely restricted.
The listening to marked a few 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 court docket froze lots of Mashinsky’s property together with financial institution accounts and property.
This can be a growing story, and additional data might be added because it turns into obtainable.
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