Assets across multiple financial institutions and a home in Texas belonging to former Celsius CEO Alex Mashinsky have been frozen.
Highlights
- Former Celsius CEO Alex Mashinsky is accused of defrauding customers.
- Judge ordered “property and other interests” to be “restrained” The order includes funds held at Goldman Sachs, Merrill Lynch and SoFi Bank.
- Mashinsky posted a $40 million bond in July, according to court documents.
- He pleaded not guilty to criminal charges against Celsius and the Securities and Exchange Commission in July.Celsius filed for bankruptcy last year and owes billions of dollars to investors, including millions of dollars.
- The company’s native token, CEL, has been accused of manipulating the price of CEL.
- It also owes investors more than $1 billion.
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