Business / Blockchain and Cryptocurrency

Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison

Under the applicable sentencing guidelines, Mashinsky could have faced up to 30 years in prison. But federal judges are required to take into account various additional factors when coming to a sentence, including the characteristics and personal history of a defendant, the likelihood they might reoffend, and so on. “It’s …

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He Built Memecoin Factory Pump.Fun. Did He Make a Small Fortune Dumping His Own Shitcoins as a Teen?

Performing an ICO generally involves deploying code to mint a coin on the Ethereum network, outlining the ambitions for a project on a website, and soliciting investment. “Many projects were little more than a white paper and a landing page with a countdown timer—the barrier to entry was minimal,” says …

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