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Former Celsius CEO Alex Mashinsky Handed 12-Year Prison Sentence For Multi-Billion-Dollar Crypto Fraud
Alex Mashinsky, founder of the collapsed crypto lender Celsius Network, was slapped with a 12-year prison sentence on May 8 for crypto-related fraud.

Mashinsky’s legal team sought a light prison sentence of one year and a day. They pointed to… Read full article
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12 Years Behind Bars: Former Celsius CEO Sentenced for Crypto Fraud
Alex Mashinsky, the former chief executive of defunct crypto lending platform Celsius, has been sentenced to 12 years in prison for his role in a sweeping fraud that contributed to the platform’s collapse and inflicted billions in losses on investors. … Read full article
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Vector Smart Chain appoints former CityGroup CFO, introduces fixed gas fees
Shiba Inu and Pepe soared in value, but Pepeto’s presale buzz suggests it’s the next big memecoin. Read full article
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The worlds First Fixed Fee Blockchain Appoints Former CFO of CitiGroup Finance
London, United Kingdom, May 9th, 2025, Chainwire

Vector Smart Chain (VSC), a Layer 1 blockchain protocol, has announced two strategic developments: the implementation of a fixed $4 gas fee model and the appointment of Peter Ritchie, former Chief Financial Officer… Read full article
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Former FTX exec's wife says gov't 'induced a guilty plea'
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in… Read full article
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Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
Bitcoin StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom 54 mins ago 2 min read Read full article
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Former FTX exec's wife says gov't 'induced a guilty plea'
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in… Read full article
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Former FTX exec's wife says gov't 'induced a guilty plea'
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in… Read full article
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Is the Former SafeMoon CEO Really Innocent? 2021 Investors Demand Their Money Back
SafeMoon executives charged for defrauding investors. As former CEO John Karony faces trial, will victims of the 2021 collapse find justice? SFM tokens are now worthless.
“I am innocent and did not commit fraud,” declared John Karony, co-founder of SafeMoon,… Read full article
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Former Chair CZ Introduces up to 10x BSC Fee Cut Strategy
CZ suggests a charge reduction of up to 10X for BSC gas.
The move aims to rival Solana and Ethereum’s cost efficiency.
Rising network activity on BSC prompts the fee reduction discussion.

Binance founder Changpeng Zhao, better known as CZ,… Read full article
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Cold Wallet
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