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2026-05-22 08:46:01

A fine of 40k yuan compared to user losses, satire

View Original

MeNews2026-05-20 20:55:22

Celsius's former Chief Revenue Officer sentenced to regulatory release

The Southern District of New York Federal Court has sentenced Celsius's former Chief Revenue Officer Roni Cohen-Pavon to time served and granted him 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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