Alex Mashinsky

The US commodities watchdog has settled with Celsius founder Alex Mashinsky, imposing a permanent trading ban as part of the agency’s first case against a crypto lending platform.

The Polymarket insider trading case and Roman Storm's retrial are expected to proceed in late 2026, while Alex Mashinsky awaits a court response to his motion to vacate his sentence. The cases highlight ongoing legal challenges in the cryptocurrency sector.

Celsius founder Alex Mashinsky seeks to have his 12-year crypto fraud sentence vacated, citing a legal conflict involving Sam Bankman-Fried.

Ex-Celsius CEO Alex Mashinsky filed a motion to vacate his 12-year sentence, citing claims involving FTX and a hostile takeover by a former Celsius executive. The former executive was sentenced to time served.

Celsius founder Alex Mashinsky has been permanently banned from the cryptocurrency industry by the Federal Trade Commission (FTC) following the company's collapse and subsequent legal actions. The ban prohibits him from managing or controlling any crypto-related business.

Alex Mashinsky, founder of Celsius, was banned from the crypto industry as part of a $10 million settlement with the FTC, which was significantly lower than the initial $4.7 billion judgment against him.

Celsius founder Alex Mashinsky agreed to a $10 million settlement with the FTC, which includes a lifetime ban from the crypto industry. A portion of the judgment was suspended, leaving him responsible for the remaining $10 million.

Alex Mashinsky, founder of Celsius, has settled an FTC case by paying $10 million. The settlement is linked to a suspended $4.72 billion judgment that could be reactivated based on asset disclosures.