Odaily Planet Daily reported that Roni Cohen-Pavon, former chief revenue officer of crypto lending platform Celsius, will not be sentenced on December 11 after the company's former CEO Alex Mashinsky reached an agreement with US prosecutors.
In a Dec. 9 filing in the U.S. District Court for the Southern District of New York, Judge John Koeltl granted a request by U.S. Attorney Damian Williams to move Cohen-Pavon’s sentencing hearing until after Mashinsky’s, which is scheduled for April 2025.

Williams said the information Cohen-Pavon provided "may be relevant to Mashinsky's sentencing hearing." Judge Koeltl ordered both parties to report updates on April 18, ten days after Mashinsky's scheduled hearing. Cohen-Pavon pleaded guilty to U.S. criminal charges in 2023 and has been granted bail to travel to Israel. (Cointelegraph)

Earlier news, former Celsius CEO Alex Mashinsky pleaded guilty to some criminal charges. According to the original indictment in July 2023, Mashinsky was charged with securities fraud, commodities fraud, wire fraud and other crimes.
Mashinsky pleaded guilty to commodities fraud and fraud for manipulating the price of the company’s native token, which carries a maximum sentence of 20 years in prison, according to Bloomberg.