Other Other Commodity Futures Trading Commission (CFTC)· United States · 2026-06-18

CFTC Resolves Action Against Celsius Founder

→ Alexander Mashinsky

The CFTC announced a U.S. District Court entered a consent order resolving the agency's 2023 enforcement action against Alexander Mashinsky, founder and former CEO of Celsius Network LLC. The consent order permanently enjoins Mashinsky for violations of anti-fraud provisions and imposes permanent trading and registration bans; previously Celsius entered a consent injunction and Mashinsky pled guilty in related criminal proceedings and was sentenced, including forfeiture and a fine.

Amount (EUR)

€44,567,907

Original currency

USD 48,393,446

Action date

2026-06-18

Authority

Commodity Futures Trading Commission (CFTC)

Country

United States

Primary source:
https://www.cftc.gov/PressRoom/PressReleases/9256-26 ↗

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