Celsius founder Alex Mashinsky sentenced to 12 years for "unbank yourself" scam
Briefly

The article discusses the fallout from Alex Mashinsky's alleged fraudulent activities, which led to significant financial losses for many investors. Victims describe Mashinsky as unrepentant, claiming he encouraged them to invest even as their financial situation deteriorated. Some victims reported feeling profound shame and guilt, especially those who had persuaded family members to invest. Elderly individuals suffered particularly harsh consequences, including homelessness. Despite the trauma inflicted, Mashinsky's family appeared to mock victims, suggesting a lack of remorse and empathy for their plight.
As the case dragged on, Mashinsky and his family appeared unremorseful, victims said, even while facing threats of violence and significant public shaming.
Mashinsky's cruelty didn't end with the collapse. His family mocked victims with 'unbankrupt yourself' merchandise funded by stolen savings, while flaunting luxury lifestyles online.
Read at Ars Technica
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