The Block (@TheBlockCo): THE BLOCK: New York AG Letitia James secured up to $35 million in conditional payments from former Celsius CEO Alex Mashinsky and a permanent securiti…
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- CEL-65Negative
THE BLOCK: New York AG Letitia James secured up to $35 million in conditional payments from former Celsius CEO Alex Mashinsky and a permanent securities, commodities and crypto industry ban over allegations that he defrauded investors, her office announced Friday, adding to earlier FTC and CFTC bans. Mashinsky is serving a 12-year federal prison sentence, while Celsius creditors have received more than $3.4 billion through the company's bankruptcy proceedings.