Overview
- The Federal Trade Commission announced Tuesday that Shlomi Daniel Leon will pay $4.1 million and Hanoch Goldstein will pay $2.4 million to resolve civil charges tied to Celsius’s collapse.
- A court order against Leon also records a $4.72 billion judgment that is largely suspended if he complies with the settlement and gives accurate financial disclosures to the FTC.
- Both orders bar the two men from marketing or selling retail crypto products, ban false statements about services, and restrict how they may handle consumers’ nonpublic financial information under rules tied to the Gramm‑Leach‑Bliley Act.
- Combined with former CEO Alex Mashinsky’s earlier $10 million FTC deal and separate CFTC ban and criminal sentence, the three co‑founders have paid $16.5 million in FTC settlements while criminal and forfeiture actions continue.
- The FTC settlements close the agency’s civil claims against the named co‑founders but leave parallel bankruptcy proceedings and creditor recoveries moving forward after Celsius froze withdrawals in June 2022 and left about $4.7 billion inaccessible to customers.