Alex Mashinsky Archives

Alex Mashinsky

14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Business

Steven Stradbrooke

2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...

Celsius customers’ claims over assets in Earn accounts dismissed in New York

Business

Steve Kaaru

30 January, 2023

Celsius customers’ claims over assets in Earn accounts dismissed in New York

Three clients had filed a motion seeking to be declared legal owners of assets on Earn accounts, but the judge...

Celsius owned the assets in Earn accounts, not the users, judge rules

Business

Steve Kaaru

10 January, 2023

Celsius owned the assets in Earn accounts, not the users, judge rules

Pre-bankruptcy, Celsius held $4.2 billion for 600,000 users in Earn accounts, digital assets which the judge ruled it legally owns...

Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius

Business

Jordan Atkins

6 January, 2023

Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius

Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring...

Celsius Network ordered to return $44 million to customers

Business

Steve Kaaru

12 December, 2022

Celsius Network ordered to return $44 million to customers

The $44 million was held in its custodial accounts, which, according to its Terms and Conditions, wasn’t under its ownership...

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Charles Miller

20 Dec 2024

Alex Mashinsky

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