Former Celsius CEO Seeks to Vacate Sentence

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 days ago

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Motion to Vacate Sentence: Former Celsius founder Alex Mashinsky has filed to vacate his 12-year prison sentence in a New York federal court, arguing ineffective counsel and tainted evidence, which could significantly impact his sentencing and financial liabilities if successful.
Complex Legal Proceedings: Filing pro se, Mashinsky claims his defense was compromised by his attorney ceasing communication at a critical moment, forcing him to submit replies directly to the court without guidance, adding layers of complexity to the case.
Market Manipulation Allegations: Mashinsky alleges that former FTX CEO Sam Bankman-Fried intended to destroy Celsius, attaching internal communications that suggest a hostile takeover attempt, highlighting the fierce competition and manipulation within the crypto market.
Significant Financial Consequences: Mashinsky faces a $48 million forfeiture and a $10 million FTC settlement, illustrating the severe legal and financial repercussions that can arise from leadership missteps in the crypto industry.

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Technical Analysis for ALICE

Technical Sentiment Analysis for MyNeighborAlice (ALICE). As of , MyNeighborAlice (ALICE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ALICE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ALICE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

MyNeighborAlice (ALICE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0884	0.101	0.112	0.125	0.136	0.149	0.16
Fibonacci	0.101	0.11	0.116	0.125	0.134	0.14	0.149

About ALICE

My Neighbor Alice is a fully on-chain multiplayer game built on Chromia with a strong focus on self-expression, collaboration and communities. Players can explore, gather resources, craft unique NFTs, and shape their own virtual world in the Lummelunda Archipelago.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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