Who is Alex Mashinsky, the man behind the alleged Celsius crypto fraud?


Mashinsky fraudulently promoted Celsius as a safe alternative to banks, while concealing that it was losing hundreds of millions of dollars in risky investments, according to a lawsuit filed on by New York Attorney General Letitia James. — Reuters

ALEX Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors allege bilked investors out of billions, is a serial entrepreneur who has portrayed himself as a modern-day Robin Hood.

Mashinsky, 57, fraudulently promoted Celsius as a safe alternative to banks, while concealing that it was losing hundreds of millions of dollars in risky investments, according to a lawsuit filed on by New York Attorney General (AG) Letitia James.

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Mashinsky , Celsius , fraud , lawsuit

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