ALLOCUTION: Celsius' Mashinsky Has Trial Date Sept 17, 2024 After Co-Defendant Cohen-Pavon Pleads Guilty - garbled allocuation here

Photo, quotes and prediction here below the fold / paywall line

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Oct 3 – After Alexander Mashinsky of Celsius was arrested on July 13, US Attorney Damian Williams held a press conference.

Inner City Press asked him to explain his office's thinking in agreeing to release on bail for Sam Bankman-Fried and Shakeeb Ahmed, for example, but demanding and obtaining the ongoing pre-trial detention of Avi Eisenberg and Miles Guo.  

 US Attorney Williams responded that every case is different. Inner City Press asked if his office would in the afternoon be seeking the detention of, or agreeing to release, Mashinsky. He declined to say either way, saying you will soon see.

At 2:45 pm the arraignment began, followed the the SDNY AUSAs' deal that Mashinsky would be released right after on bond. Inner City Press was there, thread.

Next was July 25 at 11 am. Inner City Press was there, thread.

On September 13, with no announcement, Mashinsky's co-defendant pled guilty: "Minute Entry for proceedings held before Judge John G. Koeltl: Change of Plea Hearing as to Roni Cohen-Pavon held on 9/13/2023. Deft Cohen-Pavone enters plea of guilty to Counts 4, 5, 6 and 7 of indictment. Sentence date 12/11/2024 at 11:00am. Bail cont'd."

He is a cooperator - the plea agreement says it is understand he will share all information asked for....

And now, from the transcript of his allocution: "In October of 2021 I became responsible for overseeing and approving correctly market purchases..." Strange transcription - see more below the fold / paywall line here