Business

Before Crypto Lender C’s demise, CEO Alex Mashinsky was known for big ideas and battles.


For about 30 years, Alex Mashinsky put in anything that was hot technology at the time, promising revolutions in long distance calling, airport travel and, most recently, cryptocurrencies. He often leaves a trail of displeasure on friends, colleagues, and investors.

His newest company, Celsius Network LLC, advertises itself as both secure and subversive. It is a way for ordinary people to exploit the earning potential of cryptocurrencies and traditional banking. Last month, Celsius filed for bankruptcy protection, and its customers worry they may never get their money back.



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