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Regulation Neutral

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.
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