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Per Woofun AI, the U.S. Commodity Futures Trading Commission (CFTC) has issued a permanent prohibition against Alexander Mashinsky, the former chief executive of Celsius. This regulatory action bars Mashinsky from registering for or participating in any commodity-related activities under CFTC jurisdiction.
This enforcement follows Mashinsky's prior conviction for fraud, which resulted in a 12-year prison sentence, a $50,000 fine, and $48 million in damages. The CFTC confirmed that no additional monetary penalties were imposed alongside this permanent ban.