US Prosecutors Ask Judge to be Lenient on ex-Celsius Exec, Citing Cooperation
Summary
US federal prosecutors have requested a reduced sentence for Roni Cohen-Pavon, the former chief revenue officer of Celsius, citing his "substantial assistance" in the case against former CEO Alex Mashinsky. Cohen-Pavon previously pleaded guilty to fraud and conspiracy charges related to the manipulation of the CEL token. Prosecutors noted that his cooperation played a significant role in Mashinsky's decision to plead guilty to fraud charges, and they have asked the judge to consider a reduction in sentencing guidelines. The sentencing hearing is currently scheduled for May 13.
(Source:Cointelegraph)