Celsius founder reportedly withdrew $10M before bankruptcy filing: FT By Cointelegraph

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Celsius founder reportedly withdrew $10M before bankruptcy filing: FT

Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform just weeks before the company froze customer funds and declared bankruptcy.

The withdrawal was cited by sources from the Financial Times who said Mashinsky withdrew the funds in “mid to late May” prior to the Jun. 12 pause on all withdraws.