Cohen-Pavon Faces Forfeiture, Sentencing in Celsius Scandal

Former Celsius CRO Roni Cohen-Pavon faces a $1.07 million forfeiture order and sentencing for fraud and conspiracy charges related to manipulating Celsiuss CEL token. He pleaded guilty in September 2023 and will receive credit for any assets surrendered in the companys bankruptcy. Cohen-Pavons cooperation with authorities may result in a lighter sentence, but his legal team is arguing for time served. The sentencing hearing is set for Thursday in New York federal court. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/94e0bf2798661aa7

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