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New York AG secures up to $35 million from former Celsius CEO Alex Mashinsky

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
New York AG secures up to $35 million from former Celsius CEO Alex MashinskyWorldPing
Image via The Block.

What happened

NY AG Letitia James secured up to $35M from ex-Celsius CEO Alex Mashinsky and a permanent ban from the securities and crypto industries.

Key facts

  • NY AG Letitia James secured up to $35M from ex-Celsius CEO Alex Mashinsky and a permanent ban from the securities and crypto industries.
  • Reported by The Block and published Fri, 09 Oct 2026 14:16:15 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. Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

  2. New York AG secures up to $35 million from former Celsius CEO Alex Mashinsky

  3. Locked liquidity did not stop this $14 million crypto pool drain

  4. Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen

  5. Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses

  6. New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky

  7. Former Visa and JPMorgan Execs Take Over El Salvador’s Chivo Wallet

Sources

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

Read the full report at The Block

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Former Visa and JPMorgan Execs Take Over El Salvador’s Chivo Wallet

According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments.

Brief by WorldPing · Original reporting by Bitcoin.com