The guy who said, “You can put your grandma’s money in,” has finally been completely finished.
New York has hit Celsius founder Mashinsky with a lifetime ban from the industry, barring him from crypto, securities, and commodities, plus up to $35 million in restitution—but note that it’s “conditional payment”: he pays if he has the money; if not, he gets off the hook.
Add that to the 12-year sentence handed down earlier, and the villain’s story is officially over. A 20% APY never fell from the sky—it was paid out of your principal. At least that was a tuition fee worth paying. 🔒
$CEL #Celsius
New York has hit Celsius founder Mashinsky with a lifetime ban from the industry, barring him from crypto, securities, and commodities, plus up to $35 million in restitution—but note that it’s “conditional payment”: he pays if he has the money; if not, he gets off the hook.
Add that to the 12-year sentence handed down earlier, and the villain’s story is officially over. A 20% APY never fell from the sky—it was paid out of your principal. At least that was a tuition fee worth paying. 🔒
$CEL #Celsius