Former Celsius CEO Alex Mashinsky is set to return to court on November 13 to argue his motion for dismissal of fraud and market manipulation charges. This appearance comes after several months of inactivity in the case. Judge John Koeltl of the United States District Court for the Southern District of New York has ordered Mashinsky and prosecutors to be present in court to preserve witness testimony and discuss the motion. The charges against Mashinsky include securities fraud and manipulation of the CEL token, among others. Prosecutors initially filed seven felony counts against him in July 2023, claiming he and former chief revenue officer Roni Cohen-Pavon unlawfully manipulated market prices. A jury trial for Mashinsky is scheduled to start on January 28, following a pretrial conference set for January 16. Additionally, there are ongoing civil cases against him by the SEC and CFTC. Mashinsky has previously pleaded not guilty to all charges and has claimed that several key witnesses have not cooperated with his legal team.

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