New York secures up to $35M and industry ban from Alex Mashinsky
New York Attorney General Letitia James announced a settlement with former Celsius CEO Alex Mashinsky. It requires him to pay up to $35 million to the state.
- New York Attorney General Letitia James secured up to $35 million from former Celsius CEO Alex Mashinsky.
- Mashinsky is barred from trading securities or crypto and from the securities, commodities and crypto industries.
- Mashinsky was sentenced to 12 years in prison in May 2025 after pleading guilty to fraud charges.