Last Updated
Case Status
Pending
Federal Trade Commission, Plaintiff v. CELSIUS NETWORK, INC., a corporation; CELSIUS NETWORK LLC, a limited liability company; CELSIUS NETWORK LENDING LLC, a limited liability company; CELSIUS LENDING LLC, a limited liability company; CELSIUS KEYFI LLC, a limited liability company; CELSIUS MINING LLC, a limited liability company; CELSIUS US HOLDING LLC, a limited liability company; CELSIUS US LLC, a limited liability company; CELSIUS MANAGEMENT CORP., a corporation; ALEXANDER MASHINSKY, individually and as an officer of Celsius Network Inc., Celsius Network LLC, Celsius Networks Lending LLC, Celsius Lending LLC, Celsius KeyFi LLC, Celsius Mining LLC, and Celsius US Holding LLC; SHLOMI DANIEL LEON, individually and as an officer of Celsius Network Inc., Celsius Network LLC, Celsius Networks Lending LLC, Celsius Lending LLC, Celsius KeyFi LLC, Celsius Mining LLC, and Celsius US Holding LLC; and HANOCH "NUKE" GOLDSTEIN, individually and as an officer of Celsius Network LLC and Celsius Lending LLC, Defendants.
FTC Matter/File Number
222 3137
Enforcement Type
Federal Injunctions
Federal Court
Southern District of New York
Case Summary
The FTC announced a settlement Celsius Network that will permanently ban it from handling consumers’ assets and charged three former executives with tricking consumers into transferring cryptocurrency onto the platform by falsely promising that deposits would be safe and always available.