Market News: Celsius Network Founder Alex Mashinsky May Not Be Tried This Week
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September 19, 2024
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According to market sources, a few media outlets have reported that the trial for Alex Mashinsky, founder and former CEO of bankrupt Celsius Network, will not take place this week. Court documents show that in April, Judge John G. Koeltl postponed the trial until January 28th, 2025. The current trial schedule is as follows:
- December 11th, 2024: Sentencing for former Celsius executive Roni Cohen-Pavon, who is also a defendant in the case. Cohen-Pavon pleaded guilty to fraud and market manipulation charges in 2023.
- January 16th, 2025: Alex Mashinsky's final pretrial conference.
- January 28th, 2025: Alex Mashinsky's jury trial. (DL News)
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