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Celsius founder Alex Mashinsky reaches $10 million FTC settlement with lifetime crypto industry ban
A large portion of the judgment was suspended, leaving Mashinsky on the hook for $10 million.The FTC banned Mashinsky from any future dealings in the crypto and financial services sectors.
2026-04-30 01:33:00

Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement
The settlement represents a massive reduction from an initial $4.7 billion judgment against the Celsius founder.
2026-04-29 19:39:10

