Friday, December 6, 2024

Mashinsky of Celsius Pleads Guilty to 2 Counts With 30 Year Guideline for Sentencing April 8


by Matthew Russell Lee, Patreon

SDNY COURTHOUSE, Dec 3 – After Alexander Mashinsky of Celsius was arrested on July 13, US Attorney Damian Williams held a press conference, and Inner City Press asked him to explain his  thinking in agreeing to release on bail for Sam Bankman-Fried but demanding and obtaining  pre-trial detention of Avi Eisenberg.  

 US Attorney Williams responded that every case is different. Inner City Press asked if his office would be seeking the detention of, or agreeing to release, Mashinsky. He declined to say either way, saying you will soon see.

Jump cut to December 3, 2024 when Inner City Press went to cover US v. Mashinsky - Judge John G. Koeltl asked, do you wish to plead guilty to Counts 2 and 5? He said yes. Thread here.

The plea was accepted and sentencing set for April 8, 2025 - with plea agreement, surprisingly, has a guideline of 360 months, plea agreement (and analysis) on Patreon here

Back on November 7, oral arguments (Inner City Press live tweeted here). Later Inner City Press saw him, along carrying two legal briefs, going into Pre-Trial Services on the 5th floor.

More on Substack here

  The case is US v. Mashinsky, et al., 23-cr-347 (Koeltl)

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