Celsius Crypto Victims Demand Life Sentence for Alex Mashinsky

[Stompix]

Can the judge issue a sentence that's more than the maximum? As I understand from the article, he could be jailed for up to 30 years only or is that per charge? The victims should probably go to their lawmakers to propose changes to laws against these crimes.

It's per count of felonies.
Madoff was sentenced to 150 years because he was found guilty of 11 felonies, security,mail,bank fraud, money laundering, perjury ,and whatever else was there,  Mashinsky has pleaded guilty for the two felonies so at maximum he will receive something like 30 years but probably it will be something between 10 and 20 years.

[NotATether]

Everyone who crashed during the 2022 winter should be fined and banned from the financial sector at minimum, for gross negligence, and the more egregious offenders like Mashinsky, SBF, Do Kwon, and Su Zhu and Harvey Davies from Voyager should all get jail time.

SBF in particular should have gotten a life sentence for basically running a beachfront party disguised as a company. But whatever. 25 years is good enough.

[Bobcrypto]

My opinion is that whatever the punishment, it will always be too little considering the damage (not just material) suffered by the company's clients. I know that there have been cases of suicides when it comes to cryptocurrencies, but I can't say if any of the cases are related to the companies in question, but i know that people were quite traumatized when they lost maybe everything they had.

Unfortunately, that's the dark side of the crypto market where anyone can be the CEO of a company and promise completely unrealistic things that end up disastrously - and that simply shouldn't happen. Part of the blame also goes to those who believed that there was logic in investing in such things, because they are such obvious ponzi schemes that I really don't understand why people fall for such cheap tricks.

If all these people just held coins (BTC) in their wallets, they would have earned far more than with this so-called "lending" that turned into a disaster.

Well many people or users could have consider the punishment as too little, unfortunately the pain of all losses remains on the individuals that were affected, and fo me, I think users demanding extra punishment is unnecessary because this funds could not be recovered, probably gone to thin air.
I will advise that they should forget about any extra punishment, except they can recover the funds, they should carry on with their Life because when there is life, there may be hope of replenishing the lost funds.

[ZAINmalik75]

Sbf donated funds to the Democrats, however i don't think that played any part in his sentencing, when sbf was awaiting sentencing, a lot of people said he was going to get a shorter time because of his political affiliations, but he still got 25 years, so i think that was simply the verdict and nothing else.

Then those democrats definitely used him and his money and maybe they would have shown him the power they have but they did not used it for him which ultimately means they frauded him 

Maybe that power backup might have motivated him to not stop doing such idiotic things he did with the exchange. This is not confirmed because I put lots of if here. But If it is true or have some role to play he was a big idiot.

[Stompix]

Then those democrats definitely used him and his money and maybe they would have shown him the power they have but they did not used it for him which ultimately means they frauded him 

And why don't you see the other side of the story?
That, despite gifting that much money the justice system still worked and he ended up in prison?
For two years already, people have complained how he will get away how he will not pay a dime, and look, he' still in prison, his properties are being sold, people are getting their money back, and despite all this, we still have this denial over and over again.

[Faisal2202]

Unfortunately, that's the dark side of the crypto market where anyone can be the CEO of a company and promise completely unrealistic things that end up disastrously - and that simply shouldn't happen. Part of the blame also goes to those who believed that there was logic in investing in such things, because they are such obvious ponzi schemes that I really don't understand why people fall for such cheap tricks.

If all these people just held coins (BTC) in their wallets, they would have earned far more than with this so-called "lending" that turned into a disaster.

Well said. If all of these people had put a second thought into what this could lead to, they would not have crossed the line (suicide). These Ponzi schemes have already helped scammers make a hell lot of money in all countries. These people start projects to their levels, like in Asia, we have projects that people in Europe don't have to see.

These scammers are too smart, they launch region-based themes, projects, and idea, and greedy in their projects, and their time to rugpull also differs, that's because they know what they need and what people need, and once they get that, they fly away with people's money.

We should never trust such schemes, their recent scam from Treasure NFT and various other platforms has left people in the Middle East and Asian countries stunned as they lost thousands of dollars.