The case against Google, Nvidia’s chip win, and Mark Zuckerberg’s AI friends: Tech news roundup
The founder of cryptocurrency lender Celsius Network was sentenced to 12 years in prison on Thursday.
Alex Mashinsky, the company’s former CEO, pleaded guilty to securities fraud and commodities fraud in December.
Federal prosecutors said Mashinsky artificially boosted the value of Celsius’ Cel token and profited more than $48 million as a result. Prosecutors led by U.S. Attorney Jay Clayton also said Mashinsky misled customers about Celsius’ safety.
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