Celsius Investigated By Regulators In Four Diff... Apr 2026

Following an investigation into unregistered "Earn Rewards" accounts, multiple US state regulators initiated actions against Celsius Network in late 2021. The investigation expanded to federal agencies, resulting in a $4.7 billion settlement and a 12-year prison sentence for founder Alex Mashinsky for fraud. Read the full story at Department of Justice . AI responses may include mistakes. Learn more State Regulators Block Celsius From Offering Interest