US Government Asks for $1M in Forfeiture from Ex-Celsius Exec Ahead of Sentencing

Cointelegraph Staff

(05:41 PM UTC)

1 min read

Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius, will likely turn over more than $1 million as part of a forfeiture order by US authorities ahead of his sentencing hearing.

In a Tuesday court filing, US Attorney for the Southern District of New York Jay Clayton said that Cohen-Pavon had consented to a $1,070,000 judgment “representing the…

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