Legal
Celsius’ Mashinsky Wants the Same Lawyers as Sam Bankman-Fried
- Lawyers will represent Mashinsky at trial, SBF at sentencing
- Mashinsky waives any potential conflicts of interest
Alex Mashinsky and Marc Mukasey
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
Former Celsius Network Ltd. Chief Executive Officer Alex Mashinsky said he was comfortable using the same lawyers as FTX founder Samuel Bankman-Fried to defend him against charges that he pumped up the price of his firm’s cryptocurrency.
Mashinsky, who was charged with wire fraud and other crimes last year, told a federal judge on Tuesday that he was willing to waive any potential conflicts of interest that might be related to Marc Mukasey and Torrey Young’s dual representation of the two former crypto moguls. The two lawyers were hired by Bankman-Fried last month to represent him at sentencing following his conviction for stealing customers funds for investments, trading and real estate.