Spouse of Ex-CEO of Celsius Withdraws $2 Million Before Bankruptcy - Coinleaks
Current Date:September 21, 2024

Spouse of Ex-CEO of Celsius Withdraws $2 Million Before Bankruptcy

The wife of Celsius’ CEO withdrew $2 million worth of crypto before the company filed for bankruptcy.

Celsius Network, which went bankrupt after the collapse of Terra, continues to sit on the agenda with the money withdrawn. Recently released court documents revealed that Celsius’ former executives had withdrawn close to $60 million. Not long after, it was revealed that the wife of Celsius’ ex-CEO also had a piece of the pie.

Ex-CEO’s Wife Joined Among Those Who Withdrawn Money From Celsius

New name former Celsius CEO joining pre-bankruptcy withdrawals Alexander Mashinsky‘s wife Kristine Mashinskyit happened.

According to recent documents released by the court, Kristine withdrew over $2 million from her CEL token just before withdrawals were suspended in June and just before filing for bankruptcy in July.

In earlier documents, the founder of Celsius Network Alex Mashinsky$10 million from platform, former CSO Daniel Leon‘s approximately $7 million, CTO Nuke GoldsteinIt was noted that ‘s withdrawal of approximately 13 million dollars worth of crypto money.

Celsius, which has already dealt with many different cases, is in trouble with the Vermont Department of Financial Regulation. The company is accused of hiding its financial woes from investors and improperly manipulating the price of its tokens to improve its balance sheet.