The post DOJ Requests Time to Gather Evidence Against Celsius Founder Alex Mashinsky. appeared first on Coinpedia Fintech News

The U.S. Department of Justice has requested more time to gather evidence in its case against Alex Mashinsky, the founder of Celsius. The DOJ needs six to eight weeks to process a large number of corporate records and communications, including over 1,200 videos of ask me anything sessions. Mashinsky has pleaded not guilty to multiple charges, and his next conference date is set for October 3, with the trial date still to be determined. Mashinsky, who was arrested for charges of securities fraud, commodities fraud, wire fraud, and conspiracy to manipulate the price of Celsius’ token, has pleaded not guilty.