Alex Mashinsky was arrested not too long ago. No formal charges have been made public which is why the title is ambiguous of the charge.
YES Condition:
Alex must be found guilty for a crime related to his time as CEO of Celsius (or after when he was acting as a board member).
Alex must be found guilty by 2025 (Jan 1) to resolve as YES.
NO Condition:
Alex must be freed without a guilty virdict.
If Alex is found guilty for another crime not related to the bankrupt Celsius Network, this market resolves as NO.
If the case is still on-going by 2025, a new market will be created and this will resolve as NO.
Edit: Clarity in wording.
https://cointelegraph.com/news/judge-gives-prosecutors-discovery-case-against-alex-mashinsky
Seems the case may start in October, given that there aren't any other extensions granted by the judge.
The SEC announced concurrent charges against Mashinsky and the bankrupt crypto exchange.
Didn't realize DOJ is the one who filed the fraud charges.