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A representative of crypto lending firm Celsius denied rumors about CEO Alex Mashinsky’s attempt to fly out of the United States amid an ongoing liquidity crisis. Reported by
A representative of crypto lending firm Celsius denied rumors about CEO Alex Mashinsky’s attempt to fly out of the United States amid an ongoing liquidity crisis. Reported by Cointelegraph.
“All Celsius employees, including the CEO, are focused and working hard to stabilize liquidity and operations. Therefore, any report that Celsius CEO is trying to leave the US is false,” he said.
On June 27, investor Mike Alfred reported that Mashinsky “tried to leave the country from the Morristown (New Jersey) airport, but was stopped by authorities.”
“It’s unclear at this time whether he’s been arrested or just banned from leaving,” Alfred added.
BREAKING: Alex Mashinsky tried to leave the country this week via Morristown Airport but was stopped by authorities. It is unclear whether he is currently arrested or banned from leaving. If you have more information on this, please contact me.
– Mike Alfred (@mikealfred) 27 June 2022
According to him, CEO Celsius tried to fly to Israel. one of the users approvedhe also heard this information from his own source.
Some commentators were skeptical of the news.
“Multiple people are reading the same FUD story. Also Celsius has an office in Israel. Alex is always on the go. So nothing special will happen on such a flight,” Puffel18 wrote.
More than one person has read the same FUD story. Celsius also has an office in Israel. Alex is always on the go. So this flight was not going to be anything special.
— Puffel #🥞🐰 (@Puffel18) 27 June 2022
On June 13, Celsius suspended withdrawals and operations on the platform “due to extreme market conditions”.
Correspondents found that the company hired lawyers for a possible financial restructuring and applied to Citigroup to raise capital.
Georgetown University law professor Adam Levitin has described the bankruptcy of a crypto lender as almost inevitable. According to the media, the financial holding Goldman Sachs plans to collect $ 2 billion in this case to buy the assets of the company.
Recall that the regulators of several US states launched an investigation into Celsius’s actions.
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I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
