Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
CoinDesk·
60-second summary
Alexander Mashinsky, the embattled founder of crypto lender Celsius, has been formally banned from registering with the U.S. Commodity Futures Trading Commission (CFTC) in a final resolution with the regulator. He was previously imprisoned for fraud, marking a significant blow to his involvement in the crypto industry, further eroding trust in failed institutions.
Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.