Wed, 29 Apaltcoins

Celsius founder Alex Mashinsky settles FTC case with $10M payment

Burns Brief

The FTC order ties Mashinsky’s $10 million payment to a mostly suspended $4 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

The FTC order ties Mashinsky’s $10 million payment to a mostly suspended $4.72 billion judgment that can be revived over asset disclosures.

Key Takeaways