Alexander Mashinsky, the former CEO of Celsius, has been permanently banned from engaging in any business with the U.S. Commodity Futures Trading Commission (CFTC) or participating in trading activities it oversees. This decision, announced on Thursday, adds to Mashinsky's existing legal troubles, including a 12-year prison sentence for fraud and a $50,000 fine. The CFTC's ban, which prohibits him from any commodities activity, was approved by a judge in the U.S. District Court for the Southern District of New York.
Ex-Celsius CEO Mashinsky Banned by CFTC in Final Settlement
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