Home

Wednesday, April 23, 2025

View Back issues

Crypto fraudster banned from trading

MANHATTAN — A federal court in New York entered a consent order resolving the Commodity Futures Trading Commission’s suit against Celsius Network founder and former CEO, Alexander Mashinksy, who has been sentenced to 12 years in prison for defrauding consumers of $4.7 billion. He may not trade commodities or register with the CFTC again, even after serving his sentence.

Read the order here.

Categories / Briefs, Criminal, Financial, Government

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

Loading...