Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges
July 20, 2026
July 20, 2026
WASHINGTON, July 20 -- The Federal Trade Commission issued the following news release:
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Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges
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Alexander Mashinsky, the former CEO of cryptocurrency platform Celsius Network Inc. (Celsius), and his business partners, Shlomi Daniel Leon and Hanoch "Nuke" Goldstein, will pay a total of $16.5 million to resolve the Federal Trade Commission's charges that . . .
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Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges
*
Alexander Mashinsky, the former CEO of cryptocurrency platform Celsius Network Inc. (Celsius), and his business partners, Shlomi Daniel Leon and Hanoch "Nuke" Goldstein, will pay a total of $16.5 million to resolve the Federal Trade Commission's charges that . . .