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DOJ Requests More Time to Produce Evidence in Case Against Celsius Founder Alex Mashinsky

The U.S. Department of Justice has requested six to eight weeks to gather evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius. The DOJ's lawyers stated that they need time to review a large amount of Celsius' corporate records and communications, including over 1,200 videos of Mashinsky and other executives' ask-me-anything sessions. Mashinsky, who was recently arrested, pleaded not guilty to charges of securities fraud, commodities fraud, wire fraud, and conspiracy to manipulate the price of Celsius' token. The trial date is yet to be determined, but the next conference date is scheduled for October 3rd.

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