Alex Mashinsky, the founder of the collapsed cryptocurrency lending platform Celsius, has been permanently barred by the U.S. Commodity Futures Trading Commission from any commodities‑related trading or registration.
Court Approval of the Consent Decree
The Southern District of New York approved a consent decree on Thursday, June 18, 2026, that prohibits Mashinsky from obtaining CFTC registration and from dealing in futures, derivatives, or other regulated crypto products. The decree finalizes the CFTC’s first enforcement action targeting a digital‑asset lending operation, a case that the agency opened in 2023. No further