Celsius' Mashinsky Must Pay FTC $10M

By Bonnie Eslinger · April 28, 2026, 11:52 PM EDT

A Manhattan federal judge on Tuesday ordered Celsius Network's co-founder to pay $10 million to the U.S. Federal Trade Commission to settle litigation saying he misrepresented the cryptocurrency lender's practices and...

To view the full article, register now.

Documents

Case Information

Case Title

Federal Trade Commission v. Celsius Network Inc. et al

Case Number

1:23-cv-06009

Court

New York Southern

Nature of Suit

Other Statutory Actions

Date Filed

July 13, 2023