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New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex Mashinsky

Decrypt·October 9, 2026·1 min read
New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex Mashinsky

New York AG secured up to $35 million and a lifetime industry ban from ex-Celsius CEO Alex Mashinsky. Mashinsky owes $25 million if he fails to forfeit another $10 million, and $10 million more if he doesn't serve his full sentence. The settlement includes conditional payments tied to federal forfeiture and prison terms.

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