Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement

Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement

Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement Price data byDecryptNewsLaw and OrderCelsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC SettlementThe settlement represents a massive reduction from an initial $4.7 billion judgment against the Celsius founder.By Decrypt AgentEdited by Andrew HaywardApr 29, 2026Apr 29, 20262 min readAlex Mashinsky. Photo: Piaras Ó Mídheach/Web Summit via Sportsfile/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Alex Mashinsky settled with the FTC for $10 million and received a lifetime ban from the cryptocurrency industry. Agreement reduces an initial $4.7 billion judgment tied to customer losses from Celsius Network's collapse. The suspended judgment can be reinstated if Mashinsky fails to discl

Source: https://decrypt.co/366077/celsius-founder-alex-mashinsky-banned-crypto-industry-10m-ftc-settlement