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US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 47 Views

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

While Roni Cohen-Pavon’s lawyers requested time served, US prosecutors stopped short of recommending a specific sentence, instead urging the judge to consider federal sentencing guidelines.

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.

In a Monday letter filed in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton cited Cohen-Pavon’s “substantial assistance” to the government by being prepared to testify against former Celsius CEO Alex Mashinsky.

Prosecutors did not request a specific amount of time for the former executive to spend in prison, instead asking the judge to consider the sentencing guidelines for an “appropriate sentencing reduction for a defendant who has rendered substantial assistance.”

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