FTC fines Celsius $4.7B, bans firm from crypto trading
The company-level ban and nine-figure judgment land without the founders as parties, leaving their parallel federal cases to set the precedent on individual liability for the collapse.
Every Zipp story tagged #Celsius, newest first.
The company-level ban and nine-figure judgment land without the founders as parties, leaving their parallel federal cases to set the precedent on individual liability for the collapse.
The order lands as Mashinsky already serves 12 years for fraud — the lifetime ban and registration strip are the regulatory bookend, not a fresh sentence.
The registration and trading ban closes out the agency's case but adds nothing to the 12-year prison sentence — the structural read is that a top-tier US regulator now has a permanent fraud record on…