Celsius founder and former CEO Alex Mashinsky hopes to have his prison sentence vacated, claiming a legal conflict tied to Sam Bankman-Fried.

Judge John Koeltl of the Southern District of New York ordered that former Celsius chief revenue officer Roni Cohen-Pavon be given time served for his role in price manipulation and fraud.

Key thesis: even if the defendant’s sentence changes, the industry will spend more to avoid “tainted evidence” and evidentiary disputes. Key Risk: Regulatory or market shift away from on-chain ...

This year was a dark streak for the crypto industry, which has certainly been shaken up but should use this as an opportunity ...