Celsius Founder Alex Mashinsky Permanently Banned From CFTC-Regulated Markets

The CFTC resolved its civil action against Celsius founder Alex Mashinsky, with a consent order imposing a permanent trading and registration ban.

U.S. CFTC permanently banned Alex Mashinsky from regulated trading, closing its Celsius case while SEC claims and sentence challenge continue.

The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform.

The settlement ensures that convicted Celsius founder Alex Mashinsky is unable to trade in CFTC markets or register with the regulator.

Nearly three years after Celsius unraveled, the CFTC has closed its civil enforcement case against founder Alexander Mashinsky with a federal consent order imposing permanent trading and registration bans. The decision marks another chapter in the fallout from a crypto lender that regulators alleged attracted about $20 billion in customer funds through misleading claims about […]

The permanent trading ban on Mashinsky underscores the increasing regulatory scrutiny and accountability in the crypto industry, deterring future misconduct. The post CFTC resolves enforcement action against Celsius founder Alexander Mashinsky with permanent trading ban appeared first on Crypto Briefing.

The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward in late 2026 while former Celsius CEO Alex Mashinsky awaits a response to his motion to vacate his sentence.

The post Ex-Celsius CEO Files Motion to Vacate Sentence after Lawyers Withdraw appeared on BitcoinEthereumNews.com. Alex Mashinsky, the former CEO of defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to vacate his 12-year sentence for fraud and market manipulation.  In a Tuesday filing in the US District Court for the Southern District of New York, Mashinsky filed a motion to vacate his 144-month sentence, set by Judge John Koeltl in May 2025. The former Celsius CEO filed the paperwork without additional counsel, having announced on May 5 that he would be proceeding pro se in his case. Although Mashinsky pleaded guilty to commodities fraud and securities fraud related to “manipulative and deceptive devices,” he filed a motion to vacate on the grounds that he had ineffective counsel and “fruit of [the] poisinous [sic] tree,” a legal doctrine referring to evidence tainted by authorities’ misconduct. “I did not discharge my counsel at this time but th