Reports emerged yesterday that Alex Mashinsky, the CEO of the struggling cryptocurrency lender, tried to leave the country but was stopped by local authorities. However, the Celsius team refuted these accusations and reaffirmed that they continue to work day and night to find a solution to the recent problems.

CryptoPotato reported on the suspicious events surrounding the popular cryptocurrency lender, which decided to stop all services in the middle of the month, including withdrawals. However, this happened only after the company sent $320 million worth of cryptocurrency to the digital asset exchange – FTX. Since then, the team has remained relatively quiet, with brief messages from Mashinsky assuring everyone is working around the clock to find a solution, and pausing all Twitter and AMA engagements. However, reports have surfaced that the company had to hire restructuring lawyers and that former investors refused to bail it out. More recent accusations appeared yesterday suggesting that Mashinsky tried to leave the United States through the Morristown airport, but was detained by local authorities. The team behind Celsius has yet to issue an official statement on the matter. However, CryptoPotato contacted them and they refuted the allegations, saying:

“In accordance with our previous messages, all Celsius employees, including our CEO, are focused and working hard in an effort to stabilize liquidity and operations. To that end, any report that the CEO of Celsius has attempted to leave the US is false.”

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This post Celsius denies reports that company CEO Alex Mashinsky attempted to leave the US.

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