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Prosecutors call ex-Celsius CEO’s motion to vacate ‘without merit’

Federal prosecutors oppose Alex Mashinsky’s attempt to overturn his conviction while he remains incarcerated.

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Marcus Webb · Crypto Desk · 19 Aug 2026 · 19:16 · 1 min read

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Prosecutors call ex-Celsius CEO’s motion to vacate ‘without merit’

Federal prosecutors have filed a response arguing that Alex Mashinsky’s motion to vacate his conviction is without merit. Mashinsky, the former CEO of Celsius, is currently serving a 12-year sentence in federal prison.

The prosecutors’ filing comes as Mashinsky continues to pursue legal avenues to challenge his conviction related to his activities at Celsius.

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This article was produced with AI assistance and edited by a Finance Review Daily journalist.

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Marcus Webb

Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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Prosecutors call ex-Celsius CEO’s motion to vacate ‘without merit’

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