On July 20, 2026, the FTC announced that the founders of Celsius Network were ordered to pay $16.5 million to resolve FTC charges. The case focused on allegedly false statements about deposit safety, liquidity, insurance, and lending practices.
What changed
The FTC secured a monetary resolution against finance-sector executives tied to deceptive claims about customer assets and lending-related practices.
Compliance perspective
Consumer finance and digital asset firms should review public claims about safety, access to funds, insurance, and yield or lending features. Marketing review should cover website copy, customer FAQs, and executive statements.
Key date
Effective date: July 20, 2026.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.