CryptoBearishNewsBTC · 3h ago7/10
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CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?
Celsius founder Alexander Mashinsky has been permanently banned from cryptocurrency activities as part of a $10 million FTC settlement, though the $4.72 billion monetary judgment is largely suspended. Mashinsky is currently serving a 12-year sentence for fraud and market manipulation related to the 2022 collapse that left customers unable to access $4.7 billion in deposits.
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