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The former CEO of Celsius has filed a motion to have his 12-year prison sentence revoked.

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On May 30th, Cointelegraph reported that Alex Mashinsky, former CEO of the defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to overturn his 12-year prison sentence for fraud and market manipulation. In the motion, Mashinsky claims that former FTX CEO SBF intended to "destroy Celsius" and accuses him of manipulating the market for the cryptocurrency exchange's CEL token. He is asking the judge to dismiss any FTX trust requests and has provided text message records with Celsius's former Chief Revenue Officer, Roni Cohen-Pavon, alleging that Cohen-Pavon attempted a "hostile takeover" of the platform.
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