Business
Former Celsius CEO Withdraws $10 Million in Crypto Before Going Bankrupt
Alex Mashinskyformer CEO of a crypto lending company Celsius network LLC, withdrew $10 million in crypto in the two months prior to the company’s chapter 11, according to papers filed by the company in bankruptcy court on Wednesday.
Mashinsky withdrew the tokens between May and July 13, according to the documents. His lawyer confirmed the size of his withdrawal.