CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?

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NewsBTC • May 1, 2026 at 11:40 • Analysis
Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence.  Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement  A court order filed by the FTC shows that the Celsius founder is permanently banned from crypto. The order stipulates that Mashinsky is not allowed to advertise, market, promote, offer, distribute, or assist in doing any of these things with respect to products or services used to deposit, exchange, invest, or withdraw assets.  Related Reading: Here’s What Happened In The Donald Trump Crypto Meeting With $TRUMP Holders This ...

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