Former Celsius CEO Cashed Out $10 Million in Crypto Before Bankruptcy

Alex Mashinsky, the former chief executive of crypto lender Celsius Network LLC, withdrew $10 million in cryptocurrencies in the two months before the company’s chapter 11, according to papers filed by the company in bankruptcy court on Wednesday.

Mr. Mashinsky withdrew the tokens between May and July 13, according to the documents. His lawyer confirmed the size of his withdrawals.

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