CFTC Imposes Permanent Trading Ban on Celsius Founder Alexander Mashinsky
By
Kevin Helms
Summary
The CFTC has closed its civil enforcement case against Celsius founder Alexander Mashinsky with a federal consent order imposing permanent trading and registration bans. This follows the collapse of the crypto lender nearly three years ago, which regulators allege attracted approximately $20 billion in customer funds through misleading claims about safety and profitability.
Source
bskyCFTC Imposes Permanent Trading Ban on Celsius Founder Alexander Mashinskynews.bitcoin.comKey quotes
· 3 pulledNearly three years after Celsius unraveled, the CFTC has closed its civil enforcement case against founder Alexander Mashinsky with a federal consent order imposing permanent trading and registration bans.
The decision marks another chapter in the fallout from a crypto lender that regulators alleged attracted about $20 billion in customer funds through misleading claims about safety and profitability.
CFTC Consent Order Ends Civil Case Against Alexander Mashinsky
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