Former Celsius Chief Revenue Officer pleads guilty to criminal charges and will cooperate with US investigation.

BlockBeats reported on September 15th that Roni Cohen-Pavon, the former Chief Revenue Officer (CRO) of bankrupt crypto lending company Celsius Network, has admitted to four criminal charges, including manipulating the price of the platform's token CEL. According to a copy of the plea agreement, Roni has agreed to assist the Manhattan US Attorney's Office and the Federal Bureau of Investigation in their investigation and testify in court when requested. As previously reported by BlockBeats on July 13th, the US federal government has filed a lawsuit against former Celsius Network CEO Alexander Mashinsky and Celsius CRO Roni Cohen-Pavon, according to charging documents released by the US Southern District Court in New York. Mashinsky organized a fraud scheme aimed at deceiving Celsius customers and personally profiting by manipulating the price of Celsius's proprietary token, CEL.