CEO and founder of Celsius Network Alex Mashinsky has been sentenced to 12 years in prison by a US District Court. Celsius Network held about $25 billion in assets at its height, but was one of the many cryptocurrency operations to fail during 2022. Prosecutors were seeking two decades for Mashinsky, claiming he defrauded and misled customers about the status of his company's CEL token.<br [...]
Utah has once again passed a bill that attempts to place new limits on children’s ability to access social media and other apps. The state legislature passed a bill that requires app store makers to verify the ages of users and get parental consent for the downloading of apps. Should the governor sign the bill into law, it would be (as The Verge points out) the first such measure in the country. [...]