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New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex Mashinsky

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex MashinskyWorldPing
Image via Decrypt.

What happened

Mashinsky owes New York $25 million if he fails to forfeit another $10 million, and $10 million more if he doesn't serve his full sentence.

Key facts

  • Mashinsky owes New York $25 million if he fails to forfeit another $10 million, and $10 million more if he doesn't serve his full sentence.
  • Reported by Decrypt and published Fri, 09 Oct 2026 16:07:07 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. New York AG secures up to $35 million from former Celsius CEO Alex Mashinsky

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

  3. New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex Mashinsky

  4. Celsius Founder Alex Mashinsky Gets Lifetime Ban From New York AG

Sources

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

Read the full report at Decrypt

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