CFTC enters settlement with former Celsius CEO, imposes a permanent trading ban
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.