FTC Release: Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges

Dow Jones

08/18

Proposed orders also ban defendants from marketing or selling products or services that can be used to deposit or withdraw assets

Alexander Mashinsky, the former CEO of cryptocurrency platform Celsius Network Inc. (Celsius), and his business partners, Shlomi Daniel Leon and Hanoch "Nuke" Goldstein, will pay a total of $16.5 million to resolve the Federal Trade Commission's charges that they deceived users by falsely promising that deposits made to their cryptocurrency platform would be safe and always available.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2026/07/founders-celsius-network-ordered-pay-165-million-resolve-ftc-charges

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(Celsius), and his business partners, Shlomi Daniel Leon and Hanoch \"Nuke\" Goldstein, will pay a total of $16.5 million to resolve the Federal Trade Commission's charges that they deceived users by falsely promising that deposits made to their cryptocurrency platform would be safe and always available. \n</p>\n<p>\n  View Press Release: https://www.ftc.gov/news-events/news/press-releases/2026/07/founders-celsius-network-ordered-pay-165-million-resolve-ftc-charges \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTC","symbol_name":"First Trust Large Cap Growth Opp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2660943419","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660943419","pubTimestamp":1786995960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Proposed orders also ban defendants from marketing or selling products or services that can be used to deposit or withdraw assetsAlexander Mashinsky, the former CEO of cryptocurrency platform Celsius ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FTC":"First Trust Large Cap Growth Opp"},"translate_title":"FTC 发布：Celsius Network 创始人被勒令支付 1650 万美元以解决 FTC 指控","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTC":1.5},"content_text":"Proposed orders also ban defendants from marketing or selling products or services that can be used to deposit or withdraw assets \n\n\n     Alexander Mashinsky, the former CEO of cryptocurrency platform Celsius Network Inc. 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