Celsius Executives Withdrew Tens of Millions of Dollars Ahead of Bankruptcy

Celsius bosses withdrew $30 million worth of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies before the company imploded

Celsius bosses withdrew a total of $30 million of crypto from the popular lending platform right before it went bust, according to a Thursday report that cites recent court documents.


As reported by U.Today, the Financial Times initially revealed that Celsius CEO Alex Mashinsky had withdrawn a total of $10 million in the run-up to the collapse of the popular platform. Mashinsky allegedly has an additional $44 million locked on the platform, according to his spokesperson.  


Now, it turns out that Celsius CTO Nuke Goldstein withdrew $13 million from the platform in May. Co-founder Daniel Leon brought the total amount of withdrawn crypto to the $30 million figure.



RelatedRipple's Defense in SEC Lawsuit Might Be Crypto's Best Chance: Stuart Alderoty

As reported by U.Today, Mashinsky submitted a resignation letter last month as the company is yet to repay its creditors roughly $5 billion. The controversial entrepreneur said that he would remain focused on uniting the community behind a recovery plan after leaving his post.  


Leon joined Mashinsky by resigning from the troubled lending company earlier this week. 


Celsius caused turmoil within the cryptocurrency community by suddenly suspending withdrawals in early June. the company then ended up filing for Chapter 11 bankruptcy protection within the same month.


The company is currently dealing with a bunch of legal and financial troubles that have precipitated the exodus of its top executives.  


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。


【广告】【重大利好】邀请合约高手联合组建内部交流群,群内成员已十连胜,现免费开放200个名额,挑战一周获利10倍,喜欢合约朋友速添加QQ内部交流群号:425849897

发表评论

暂时没有评论,赶紧抢沙发吧!