U.S. Prosecutors Seek Reduced Sentence for Former Celsius Executive Roni Cohen-Pavon

According to a filing in U.S. District Court, federal prosecutors asked for leniency for Roni Cohen-Pavon after citing his cooperation in the case against Celsius founder Alex Mashinsky.

Summary

Federal prosecutors have asked a U.S. court to reduce the sentence of former Celsius chief revenue officer Roni Cohen-Pavon, saying he provided substantial assistance in the criminal case against Celsius founder Alex Mashinsky. Cohen-Pavon pleaded guilty in September 2023 to fraud and conspiracy to manipulate the price of CEL, Celsius’s native token. The latest development came in a letter filed Monday in U.S. District Court and is tied to the broader Celsius prosecution, in which Mashinsky was sentenced to 12 years in prison in May 2025.

Terms & Concepts
  • CEL: The native token of Celsius, the crypto lending platform involved in the criminal case and referenced in the price manipulation charge.
  • Price manipulation: Conduct aimed at artificially influencing an asset’s market price rather than letting it be set by normal trading activity.
  • Substantial assistance: A legal term for significant cooperation with prosecutors that can be used to support a request for a reduced sentence.