🚨Flash News: Former Celsius executive pleads guilty to fraud and price manipulation🚨
Roni Cohen-Pavon, former chief revenue officer at cryptocurrency lending firm Celsius, pleaded guilty to conspiracy to manipulate prices, securities fraud and security price manipulation.
🔹 Cohen-Pavon will face a sentencing hearing on December 11.
🔹 The agreement with prosecutors requires Cohen-Pavon to make restitution to parties affected by the Celsius collapse.
🔹 Former CEO Alex Mashinsky allegedly made $42 million in profits from the sale of the Celsius (CEL) token by artificially inflating the price.
What do you think of this case of fraud in the crypto world? Comment below! 👇