New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO

New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO

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

Newisty Editorial Team
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Newisty Editorial Team

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Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.

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