New York’s attorney general is suing the former CEO of bankrupt crypto lender Celsius Network, alleging that the executive defrauded hundreds of thousands of investors out of billions of dollars in cr...
Tag: Alex Mashinsky
Celsius’s former CEO withdrew $10 million before the firm’s bankruptcy: FT
Celsius Network founder and ex-CEO Alex Mashinsky withdrew $10 million before the company froze customer withdrawals and ultimately declared bankruptcy, the Financial Times reports. Citing people fami...
Celsius CEO ‘took control’ of trading strategy in January and clashed with staff: FT
Celsius CEO Alex Mashinsky “took control” of the firm’s trading strategy in January on a hunch that the US Federal Reserve would raise interest rates, according to a report by the Financia...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Ch...
Celsius Owes Users More Than $4.7 Billion
Celsius Network LLC has a roughly $1.2 billion hole in its balance sheet, with the majority of its liabilities owed to the cryptocurrency lender’s users, according to a Thursday filing by Chief Execut...
Major Crypto Lender Celsius Suspends Withdrawals, Bitcoin Drops To 18-Month Low
Topline Major crypto lending platform Celsius on Monday announced it was suspending all withdrawals due to “extreme market conditions,” triggering a major selloff in the cryptocurrency market with Bit...
Major Crypto Lender Celsius Suspends Withdrawals, Bitcoin Drops Below $25,000
Topline Major crypto lending platform Celsius on Monday announced it was suspending all withdrawals due to “extreme market conditions,” triggering a major selloff in the cryptocurrency market with Bit...