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Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing

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Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing - Bitcoinist

Quick Summary:

Celsius’ former CEO’s lawyers have filed a motion seeking a reduced one-year sentence and criticizing the US Department of Justice’s (DOJ) proposed 20-year punishment ahead of its upcoming sentencing hearing.

As such, “the 25-year sentence for Bankman-Fried is therefore a meaningful data point for the Court to consider,” they concluded.

According to the Monday document, granting the government’s sentencing request would create an “unwarranted disparity,” displaying a “distorted and merciless view of Alex,” which would compare him to criminals like SBF or Bernie Madoff.

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Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing - Bitcoinist (Picture 1)Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 11:30:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28467129

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing" was covered 1 days ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 8 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28467129
  • URL: https://goldengate-staging18.beamstart.com/news/former-celsius-ceo-fights-dojs-17466174116321

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