alex mashinsky

(Malte Mueller/Getty Images, modified by CoinDesk)
Independent Examiner Excoriates Celsius as a Ponzi
A newly released 476-page report shows the company was using customer funds to buy CEL.
(Malte Mueller/Getty Images, modified by CoinDesk)

Leverage in crypto could send you soaring, but it's risky. (Creative Commons)
There's Less Money in Crypto, and That's a Good Thing
Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a break in 2023.
Leverage in crypto could send you soaring, but it's risky. (Creative Commons)

CDCROP: Ukranian Flag (Getty Images)
Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next
After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius took a different path, setting up its own wallets to accept donations. But how much was donated?
CDCROP: Ukranian Flag (Getty Images)

Former Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk)
Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Shows
Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are suspended for customers.
Former Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk)

CDCROP: Celsius Thermometer (Unsplash/Modified by CoinDesk)
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
The report’s findings may affect the court’s decisions about custodial accounts and preference claims.
CDCROP: Celsius Thermometer (Unsplash/Modified by CoinDesk)

CDCROP: Alex Mashinsky
Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.
CDCROP: Alex Mashinsky

Celsius thermometer
Celsius' Crypto Customers Face Big Obstacle in Trying to Claw Back Their Deposits
A change in the corporate structure the bankrupt crypto lender made when it was raising money last year may come under scrutiny.
Celsius thermometer

CDCROP: Alex Mashinsky, founder and former CEO of Celsius Network at Consensus 2019 (CoinDesk)
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
Mashinsky resigned as CEO on Sept. 27; the company filed for chapter 11 bankruptcy protection in mid July.
CDCROP: Alex Mashinsky, founder and former CEO of Celsius Network at Consensus 2019 (CoinDesk)

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)
Bankrupt Crypto Lender Celsius Network's CEO, Alex Mashinsky, Resigns
Celsius' CEL token is trading 8% lower following the announcement.
Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

CDCROP: IOU Artwork (Mark Wagner)
Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens
In a leaked audio file, Nuke Goldstein, the firm's co-founder and chief technology officer, detailed a potential plan to issue wrapped tokens representing the debt to customers.
CDCROP: IOU Artwork (Mark Wagner)