Ex-Celsius Executive Pleads Guilty to Crypto Price Manipulation, Agrees to Cooperate with US Probes
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Ex-Celsius exec Roni Cohen-Pavon pleaded guilty to manipulating crypto token price and agreed to cooperate with US probes.
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Cohen-Pavon admitted to 4 charges related to artificially inflating Celsius' crypto token Cel price.
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He agreed to help Manhattan US Attorney's office and FBI with investigations, testify if needed.
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Cohen-Pavon was charged alongside Celsius founder Alex Mashinsky, who pleaded not guilty.
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The plea comes amid crypto sector turmoil, including FTX founder Sam Bankman-Fried also being charged with fraud.