[Celsius Founder Alex Mashinsky Settles with FTC, to Pay $10 Million] Odaily Planet Daily News: Celsius founder Alex Mashinsky has reached a settlement with the U.S. Federal Trade Commission (FTC), agreeing to pay $10 million and being permanently banned from promoting products or services involving the deposit, exchange, investment, or withdrawal of assets. According to a court order, the FTC's previous $4.72 billion compensation judgment has been largely suspended, but if there are significant omissions or false statements in Mashinsky's financial disclosures, the judgment amount may be reinstated. Previously, Mashinsky was sentenced to 12 years in prison in 2025 for commodities fraud and securities fraud. (Cointelegraph)