Tuesday, July 21
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Topic: celsius

The Apex Building, headquarters of the US Federal Trade Commission in Washington
Crypto
Tuesday, 7/21, 04:16 AM

Two Celsius co-founders settle with the FTC for $6.1 million

  • Daniel Leon and Nuke Goldstein, co-founders of the failed crypto lender Celsius, will pay a combined $6.114 million to settle FTC charges that the company lied to depositors about the safety of their money.
  • The headline figure sits against a $4.72 billion judgment, and the gap between the two is the part worth understanding.

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