Prosecutors: Ex-Celsius CEO’s Vacate Motion ‘Without Merit’

The government's opposition signals that Mashinsky's post-conviction challenges are being treated as routine rather than consequential, which matters less for his sentence than for how Celsius's collapse is remembered in court. For creditors and the broader lending sector, the case remains the reference point for how failed crypto yield models are adjudicated. Whether courts continue rejecting these motions, or any appellate path opens, is the open question worth watching.