Federal court orders require Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein to pay $4.1 million and $2.014 million, respectively, to resolve Federal Trade Commission charges. The combined payment exceeds $6.1 million, putting personal financial liability at the center of the Celsius settlement.
The FTC’s complaint charged the defendants with deceptive and unfair conduct in marketing cryptocurrency lending and custody services, alongside alleged violations involving customer financial information. The orders resolve those claims while turning the agency’s consumer-protection case into permanent operating restrictions.
Leon is barred from marketing products or services used to deposit, exchange, invest or withdraw crypto, banking or financial assets. Goldstein faces a permanent ban covering retail services used to buy, sell, deposit, withdraw, distribute or trade cryptocurrency. Both orders also restrict misrepresentations and Gramm-Leach-Bliley Act violations, making long-term compliance the next enforcement test after payment.
Source: Federal Trade Commission.
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