A new court document reveals that former Celsius CEO Alex Mashinsky, former CSO Daniel Leon, and CTO Nuke Goldstein withdrew their crypto before Celsius paused withdrawals in June 2022.
Update 6 Oct. 19:00UTC: According to updated reports, CTO, Nuke Goldstein sent funds to other Celsius wallets, and did not receive the funds directly.
A Statement of Financial Affairs submitted on Oct. 5, 2022, to the Bankruptcy Court for the Southern District reveals that the three executives pasitraukė 42 milijonų dolerių vertės Ethereum (ETH), Bitcoin (BTC), Circle (USDC), and Celsius’s native CEL token.
Mashinsky’s mafia exposed
Pagal pareiškimas, former CEO Alex Mashinsky withdrew $10 million worth of crypto from his custody account in May 2022, first reported by the "Financial Times" on Oct. 3, 2022. Between May 27 and May 31, Leon allegedly withdrew $11 million, including $4 million worth of LEL, from his account, while Goldstein allegedly withdrew $13 million.
Following the statement’s revelations, Goldstein came in for some flack on crypto Twitter since “Nuke” is a term used colloquially in crypto to describe a hefty and sudden price correction caused by a holder dumping a cryptocurrency.
Venture capital guru Mike Dudas, who heads up Ventures at Paxos, was a prominent participant in the ensuing Twitter roast.
Source: https://beincrypto.com/cel-top-dogs-withdrew-42m-before-bankruptcy/