May 9 (UPI) -- Alexander Mashinsky, the founder and former CEO of the Celsius cryptocurrency platform and Bitcoin mining company, was sentenced to 12 years in prison on counts related to commodities and securities fraud. The U.S. Attorney for the Southern District of New York Jay Clayton announced the sentence for Mashinsky in a press release Thursday. "Mashinsky targeted retail investors with promises that he would keep their 'digital assets' safer than a bank, when in fact he used those

Tag-uri: Bitcoin