Alex Mashinsky


Analyses

There's Less Money in Crypto, and That's a Good Thing

Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a break in 2023.

Financialization means big directional bets and lots of leverage, propped up by a hype campaign. In crypto, those bets are often followed by a hard landing. (Creative Commons)

Vidéos

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

CoinDesk Chief Insights Columnist David Z. Morris discusses how CoinDesk's Most Influential 2022's four horsemen of the cryptocalypse – Do Kwon, Su Zhu, Alex Mashinsky and Stephen Ehrlich – "got all the way to the top." He adds "there's going to be a lot more proactive enforcement of this stuff in the future."

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Vidéos

The Four Horsemen of the Cryptocalypse

This year has been a real mixed bag with market ups, downs, successes, progress, and now a crisis of faith for some in crypto.  CoinDesk Chief Insights Columnist David Z. Morris joins "All About Bitcoin" to discuss why Do Kwon, Su Zhu, Alex Mashinsky and Stephen Ehrlich are four of CoinDesk’s Most Influential 2022. Plus, insights on Morris' latest op-ed about why former FTX CEO Sam Bankman-Fried could go to jail.

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Finance

Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next

After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius took a different path, setting up its own wallets to accept donations. But how much was donated?

Ukranian Flag (Getty Images)

Marchés

Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Shows

Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are suspended for customers.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Juridique

Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius

The report’s findings may affect the court’s decisions about custodial accounts and preference claims.

Celsius thermometer (Unsplash/Modified by CoinDesk)

Vidéos

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

CORRECTION: Since publication, the reporting and headline has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million.

CoinDesk placeholder image

Finance

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Finance

Celsius' Crypto Customers Face Big Obstacle in Trying to Claw Back Their Deposits

A change in the corporate structure the bankrupt crypto lender made when it was raising money last year may come under scrutiny.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

Vidéos

Celsius Co-Founder Daniel Leon Reportedly Resigns as Mashinsky Exits

The Financial Times reports that Celsius Network co-founder and Chief Strategy Officer S. Daniel Leon resigned Tuesday. He is the latest executive to depart the company after now-former CEO Alex Mashinsky. Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest c-suite changes for the crypto lender.

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