Former Celsius CEO Alex Mashinsky has filed a request to delay his sentencing hearing, originally set for April 8, by one month to May 8. This request was made in a February 5 filing to the US District Court for the Southern District of New York. Following his guilty plea to two felony charges about two months ago, Mashinsky's attorneys indicated that he is facing multiple pressures from ongoing criminal and bankruptcy litigations and requires additional time to prepare a thorough sentencing submission. The filing also addressed the prosecutors’ objections to the delay, which included previously provided victim impact statements. Notably, Mashinsky was charged with seven felony counts for fraud and market manipulation tied to the Celsius network. This request for delay comes amid increasing scrutiny on prominent crypto figures following earlier cases involving individuals like former FTX CEO Sam Bankman-Fried. The outcome of Mashinsky's and his co-defendant's cases is uncertain, and it remains to be seen how the court will approach sentencing.

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