CFTC Hits Celsius Crypto Fraudster Alex Mashinsky With Permanent Trading Ban
The settlement ensures that convicted Celsius founder Alex Mashinsky is unable to trade in CFTC markets or register with the regulator.
Crypto News·

CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…
Read full articleThe 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 […]
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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.
CME Group is preparing to sue the CFTC over perpetual futures approvals, escalating a fight over crypto derivatives and retail trading rules.
The world's largest derivatives exchange is taking the CFTC to court over its decision to greenlight perpetual futures in the U.S.