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Celsius Ex CEO Dumping CEL Tokens Amid Increasing Legal Troubles

Celsius Ex CEO Dumping CEL Tokens Amid Increasing Legal Troubles thumbnail

Alex Mashinsky, former CEO of the bankruptcy ridden digital asset lending firm reportedly on the Celsius (CEL) token selling spree. However, Mashinsky is under inspection since his firm filed for bankruptcy and halted the withdrawal. Earlier, it was alleged that Celsius’s top executives withdrew huge amounts of funds just before insolvency.

Celsius ex CEO withdraws USDC

Coffeezilla, an internet investigator exposing scams highlighted that Celsius ex CEO is dumping hundreds of dollars of CEL tokens. The transactions have been done from Mashinsky’s multiple wallets. He has moved around $1 million worth of CEL and USDC tokens over the past day.

The Celsius executives are withdrawing while the firm halted the Custody Withdrawals of the customers.

Earlier, Coingape reported that Alex Mashinsk

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