Golden Finance reported that former Celsius CEO Alex Mashinsky pleaded guilty to two charges in a New York court. Bloomberg reported that Mashinsky pleaded guilty to commodity fraud and fraud for manipulating the price of the company’s native tokens, which can be sentenced to up to 20 years in prison. According to the original complaint in July 2023, Mashinsky was charged with securities fraud, commodities fraud, wire fraud and other crimes. Celsius is a cryptocurrency company that allows customers to earn interest and borrow money. The company filed for bankruptcy in 2022 and closed earlier this year.