PANews, June 19 – According to CoinDesk, former Celsius CEO Alexander Mashinsky has reached a final settlement with the U.S. Commodity Futures Trading Commission (CFTC). The court has formally approved a permanent ban prohibiting Mashinsky from engaging in any commodity futures trading, registration, or related business activities. Mashinsky was previously sentenced to 12 years in prison for fraud, fined $50,000, and ordered to return $48 million.