Here’s How Celsius Executives Withdrew Millions Before Bankruptcy

Here’s How Celsius Executives Withdrew Millions Before Bankruptcy
Representations of cryptocurrencies in this illustration taken on Jan. 24, 2022. Dado Ruvic/Illustration/Reuters
Benzinga
Updated:

Bankruptcy court documents filed by lawyers of Celsius reveal that top executives at the crypto firm withdrew millions of cryptocurrencies before it declared the suspension of customer withdrawals.

The court filing alleges that Celsius’ former CEO Alex Mashinsky, co-founder Daniel Leon and Chief Technology Officer Nuke Goldstein made a series of withdrawals totaling tens of millions of dollars.