Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.

Melinda 1 hour ago 2 minutes read

Policy

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.

By Jesse Hamilton|Edited by Nikhilesh De

Jun 18, 2026, 7:26 p.m.

2 min read

Make preferred on

Share this article

Make preferred on

Alex Mashinsky (CoinDesk) — Alex Mashinsky, the imprisoned former CEO of Celsius, is now banned from commodities activity. (CoinDesk)

Summary

The disgraced former founder and CEO of a major crypto firm, Celsius’ Alexander Mashinsky, has been formally banned from commodities activity as the Commodity Futures Trading Commission wrapped up the years-long case.
Mashinsky had already been sentenced to 12 years in prison in connection with his fraud convictions.

Latest Crypto News

1
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch

2 hours ago
2
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns

3 hours ago
3
Crypto for Advisors: Trading the bitcoin cycle

4 hours ago
4
Algorand unveils roadmap to achieve quantum resistance by 2028

5 hours ago
5
CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines

6 hours ago
6
Alchemy’s AI-driven identity and payment service gains access to Visa network

6 hours ago
7
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal

7 hours ago
8
The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks

7 hours ago
9
Bitcoin’s nemesis, the Dollar Index, is on the verge of a major breakout

8 hours ago
10
Aster popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived

8 hours ago

Latest Research

CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High

CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

By CoinDesk Research

Jun 15, 2026

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

Why it matters:

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

View Full Report