Celsius Founder Settles FTC Case for $10 Million
April 29, 2026 at 10:10
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✦ AI Summary
- Alex Mashinsky agrees to pay $10 million to the FTC
- The settlement is linked to a $4.72 billion suspended judgment
- Future asset disclosures could revive the original judgment
The founder of Celsius, Alex Mashinsky, has reached a settlement with the Federal Trade Commission (FTC) involving a payment of $10 million. This financial resolution is connected to a significantly larger judgment of $4.72 billion, which is currently mostly suspended. Should there be issues regarding asset disclosures in the future, this judgment could be reinstated.
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