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Action required FTC Jul 25, 2026

Celsius Network Founders Ordered to Pay $16.5 Million

On July 20, 2026, the FTC announced that the founders of Celsius Network were ordered to pay $16. 5 million to resolve FTC charges.

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.

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