Celsius Founder Alex Mashinsky Gets Lifetime Ban From New York AG

Celsius co-founder and former CEO Alex Mashinsky is permanently barred from crypto and securities businesses under a New York settlement announced Oct. 9. The agreement follows investor losses tied to misleading safety assurances and exposes him to up to $35 million in conditional payments. Permanent Ban Blocks Mashinsky’s Return to Crypto Business Alex Mashinsky faces […]
Key Takeaways
- Celsius co-founder and former CEO Alex Mashinsky is permanently barred from crypto and securities businesses under a New York settlement announced Oct.
- The agreement follows investor losses tied to misleading safety assurances and exposes him to up to $35 million in conditional payments.
- Permanent Ban Blocks Mashinsky’s Return to Crypto Business Alex Mashinsky faces […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm
Bitcoin-denominated life insurer Meanwhile raised $37.5 million in new funding led by Bain Capital Crypto, bringing its total capital raised to over $180 million. Capitalizing on Growing Demand Meanwhile, the life insurance company licensed to operate…

Robinhood Chain considers technology that gives paying traders priority
A recently updated version of the paid-for transaction-ordering technology “Time Boost” will be available on Arbitrum, Robinhood Chain’s infrastructure provider.

Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives
The crypto platform filed for designated contract market and futures commission merchant licenses, which would let it run its own regulated event-contract venue instead of relying on overseas partners.