New York Permanently Bars Ex-Celsius CEO Mashinsky From Crypto and Securities Industries
Photo: Unchained
The settlement carries up to $35 million, but New York collects only if Mashinsky misses the forfeiture or prison terms set in his federal criminal case, the attorney general’s office said. New York Attorney General Letitia James announced on Friday a settlement with Alex Mashinsky , a co-founder and former CEO of crypto lender Celsius Network , that permanently bars him from the securities, commodities and cryptocurrency industries . Her office said the deal secures up to $35 million . The money is conditional.
Source: Unchained
