Web3
New York AG Secures Up to $35,000,000 Penalty and Lifetime Ban for Ex-Celsius CEO
The Daily Hodl·October 12, 2026·1 min read
New York Attorney General Letitia James secured up to $35 million in penalties and a permanent ban from securities, commodities, and crypto industries against former Celsius CEO Alex Mashinsky for defrauding investors. The lifetime ban prevents Mashinsky from operating in these sectors, marking a significant enforcement action in the crypto industry.
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