CFTC Hits Celsius Crypto Fraudster Alex Mashinsky With Permanent Trading Ban
From decrypt.co
The Commodity Futures Trading Commission (CFTC) has resolved its 2023 enforcement action against Celsius founder Alex Mashinsky, permanently banning him from trading markets regulated by the CFTC. The consent order also imposes a permanent CFTC registration ban on the former crypto founder, and marks the completion of the regulator’s first case against a digital asset lending platform, according to its 2023 press release. Mashinsky, who also acted as the CEO of Celsius, was imprisoned for 12 years after pleading guilty to counts of securities and commodities fraud related to the unraveling of his lending business, ...
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