What happened to Celsius Network founder Alex Mashinsky?

Later Sunday, the Financial Times reported that Alex Mashinsky, the embattled founder and former CEO of Celsius Network, removed$10 million from the now bankrupt crypto lender weeks before Celsius haltedcustomer withdrawals in June.

What happened to Celsius crypto lenders?

WASHINGTON/LONDON (Reuters) - Customers of crypto lender Celsius face a long and anxious wait to know how, when and even if they will get their money back after the company filed for bankruptcy, becoming one of the biggest victims of the collapse in crypto markets this year.

How much cash does Mashinsky owe Celsius customers?

When filing, the crypto lender said it had around $167 million cash on hand. Approximately $4.7 billion is owed to Celsius customers . A spokesperson for Mashinsky confirmed the withdrawal to the Financial Times but added that Mashinsky still had "$44 million in crypto assets" frozen alongside his customers' funds.

Who is Alex Mashinsky?

For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a trail of unhappy friends, colleagues and investors. His latest venture, Celsius Network LLC, pitched itself as both safe and subversive.