By Isaac • June 21, 2026 1:25 pm •
The Commodity Futures Trading Commission announced on June 18, 2026 that a federal court entered a consent order resolving its 2023 fraud case against Celsius founder Alexander Mashinsky.
The order permanently bars Mashinsky from trading on any registered entity and from ever registering with the CFTC.
This is the final piece of a long accountability chain for the man who once pitched Celsius as a safer way to earn high yield on crypto.
The ban does not put him back behind bars. He is already there.
The criminal case came first and carried the real weight. Mashinsky is serving a 12-year prison sentence for commodities fraud and securities fraud tied to Celsius.
The new CFTC order
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!