New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO
Oct 12, 2026 08:15
Written by
Newisty Editorial Team
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New York Attorney General Secures $35 Million Settlement
The New York Attorney General's office has secured up to $35 million from Alex Mashinsky, the former CEO of Celsius. As part of the outcome, Mashinsky also received an industry ban.
The story was reported by Decrypt on October 9, 2026.
Settlement Amount and Industry Ban
- The settlement from Mashinsky is up to $35 million.
- An industry ban was imposed as part of the enforcement action.
- The action was led by the New York Attorney General.
- Mashinsky served as the former CEO of Celsius.
Facts Confirmed by the Available Reporting
The source material confirms that the New York Attorney General obtained a settlement of up to $35 million from Alex Mashinsky and secured an industry ban. Mashinsky was the former CEO of Celsius. The provided material does not include details about the specific charges, the legal timeline, or the terms of the industry ban.
Source: Decrypt
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