News section
CFTC enters settlement with former Celsius CEO, imposes a permanent trading ban
The consent order prohibits former Celsius CEO Alexander Mashinsky from engaging in future violations of anti-fraud provisions and also imposes permanent bans on trading and registration.Mashinsky was arrested in 2023 after prosecutors alleged he defrauded customers and misrepresented Celsius’ profitability.
2026-06-19 03:28:00
CFTC Hits Celsius Crypto Fraudster Alex Mashinsky With Permanent Trading Ban
The settlement ensures that convicted Celsius founder Alex Mashinsky is unable to trade in CFTC markets or register with the regulator.
2026-06-18 21:02:06
Celsius executive Cohen Pavon may get a lighter sentence for cooperation
Federal prosecutors have asked a New York court to reduce Roni Cohen Pavon’s sentence due to his cooperation in the case against Alex Mashinsky.Court filings state that Cohen Pavon was prepared to testify, and prosecutors believe this influenced Mashinsky’s decision to plead guilty before trial.Defense lawyers have requested time served ahead of a rescheduled May 13 sentencing, citing his admission of guilt in the CEL token manipulation scheme.
2026-05-06 06:39:25
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
