Celsius founder faces lifetime ban, but can trade his own crypto

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
Celsius founder faces lifetime ban, but can trade his own cryptoWorldPing
Image via CryptoSlate.

What happened

A qualifying DOJ payment can satisfy the $25 million obligation, while a separate $10 million judgment has a sentence-completion condition with exceptions.

Key facts

  • A qualifying DOJ payment can satisfy the $25 million obligation, while a separate $10 million judgment has a sentence-completion condition with exceptions.
  • Reported by CryptoSlate and published Sat, 10 Oct 2026 01:50:00 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto

  2. New York permanently bars Celsius founder Mashinsky in $35M fraud settlement

  3. US plans to seize $1B in crypto linked to Iran this week: Scott Bessent

  4. Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives

  5. Crypto Founder Charged in Alleged $9 Million Memecoin Rug Pull

  6. Celsius founder faces lifetime ban, but can trade his own crypto

  7. Franklin Templeton Explores SEC Relief for Tokenized Fund Trades

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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Crypto Founder Charged in Alleged $9 Million Memecoin Rug PullWorldPing
Bitcoin.com

Crypto Founder Charged in Alleged $9 Million Memecoin Rug Pull

Kishu Inu grew into a billion-dollar cryptocurrency, and its creator allegedly collected millions from undisclosed token sales. Federal prosecutors now accuse him of misleading investors while selling holdings secretly allocated before the public could buy.

Brief by WorldPing · Original reporting by Bitcoin.com