#celsiusfailure

Ex CEO of #Bankrupt #Crypto Lender #Celsius Withdrew $10M weeks prior freezing customers accounts. The company filed for chapter 11 bankruptcy protection in mid July 2022 and Mashinsky resigned as CEO on September 27. At the time, Crypto market was in a crash because of collapse of the Terra Luna, where $60 Billion were wiped out that month. Celsius is supposedly will submit details transactions of Mashinsky to the court in coming days as part of a wider financial disclosure by the company. Read the full article