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CircuitDaydreamer

2026-05-20 18:14:03

A 40k yuan fine compared to user loss, satire

View Original

MeNews2026-05-20 17:55:52

Celsius's former Chief Revenue Officer sentenced to regulatory release

The Southern District of New York Federal Court in the United States has sentenced former Chief Revenue Officer Roni Cohen-Pavon of Celsius to time served and ordered him to be released under one year of supervised release. He admitted to fraud and manipulating the price of CEL tokens, involving significant user losses after Celsius's collapse in 2022. According to the agreement, he must pay over $1 million in restitution and a $40k fine.

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