Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban

1 hour ago 4

Rommie Analytics

Key Takeaways:

Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments.
Celsius’s previous chief executive is banned from engaging in trading activities in the crypto, securities and commodities market.
Celsius creditors had received more than $3.4 billion through bankruptcy proceedings by August 2026.

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