Mashinsky Settlement Adds Personal Penalties to Celsius Fallout

Editorial portrait of a suited man in a courtroom with settlement papers and crypto symbols.

Former Celsius CEO Alex Mashinsky must pay $10 million to the Federal Trade Commission and is permanently barred from participating in crypto and related financial services, under a settlement entered by the U.S. District Court for the Southern District of New York. The agreement adds a direct civil penalty and industry ban to the criminal […]