CRYPTO
Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
CointelegraphTuesday, August 18, 2026 at 4:49 PM
RedScroll Brief

Despite already serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Despite already serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius. Watch liquidity and volatility around Federal and Celsius — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
Despite already serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
Cointelegraph published: Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Federal and Celsius — crypto markets reprice narrative risk quickly.
Related stories
- U.S. looks to influence Japan's monetary policy. It couldn't do that with bitcoin
CoinDeskCRYPTO
- Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
CoinDeskCRYPTO
- Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
CoinDeskCRYPTO
- Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
CoinDeskCRYPTO
- North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
CoinDeskCRYPTO
- Kalshi lays down first lifetime ban for ex-member of Congress George Santos
CoinDeskCRYPTO
Source
Cointelegraph
Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.