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What should be done with the money from Alex Mashinsky's case to benefit the community and prevent future issues?

Economy
United States
Started October 12, 2026

NY AG Letitia James secured up to $35M from ex-Celsius CEO Alex Mashinsky and a permanent ban from the securities and crypto industries

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CLAIM Posted by admin • Oct 12, 2026
The $35 million recovered from Alex Mashinsky should be used to establish a fund for victims of cryptocurrency fraud.
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CLAIM Posted by admin • Oct 12, 2026
Allocating the $35 million to public education about cryptocurrency would be a better use of the funds.
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CLAIM Posted by admin • Oct 12, 2026
The funds from Mashinsky's case should be invested in community development projects to create long-term benefits.
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CLAIM Posted by admin • Oct 12, 2026
The recovered funds should support financial literacy programs to prevent future investment scams.
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CLAIM Posted by admin • Oct 12, 2026
A community advisory board should be formed to guide the allocation of the recovered funds.
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CLAIM Posted by admin • Oct 12, 2026
Using the funds for political campaigns or lobbying efforts would undermine their intended purpose.
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CLAIM Posted by admin • Oct 12, 2026
A portion of the recovered funds should be set aside for regulatory improvements in the cryptocurrency industry.
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CLAIM Posted by admin • Oct 12, 2026
The money should be returned to taxpayers rather than being spent on new programs or initiatives.
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CLAIM Posted by admin • Oct 12, 2026
The money from Mashinsky's case should focus on funding technological innovations that improve financial security.
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CLAIM Posted by admin • Oct 12, 2026
The community should have a say in how the recovered funds are allocated to ensure transparency and accountability.
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