Celsius co-founders Leon, Goldstein to pay FTC over $6M
CoinTelegraph·

60-second summary
Celsius co-founders Daniel Leon and Nuke Goldstein agree to pay the Federal Trade Commission over $6 million, adding to the $10 million settlement imposed on former CEO Alex Mashinsky in April. The settlements stem from Celsius's alleged deceptive lending practices, highlighting regulatory scrutiny in the crypto lending space, which may impact investor confidence.
The settlements add to former Celsius CEO Alex Mashinsky’s $10 million FTC settlement in April.