- The Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy.
- Allegedly, the founder and CEO of Celsius made a number of bad bets with large sums of bitcoin (BTC) and other assets.
- The accusations revolving around Mashinsky follow the crypto lending company’s customers writing letters to the bankruptcy court, and pleading with the authorities to get their funds back.
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
