US DOJ freezes Alex Mashinsky’s assets in Celsius case
On August 16, US Department of Justice (DoJ) prosecutors filed a sealed order to freeze Alex Mashinsky’s business accounts and a Texas property co-owned by Kristine Mashinsky, the defendant’s spouse.. As a result, bank accounts and properties owned by Mashinsky have been frozen as part of a criminal investigation involving the former CEO of Celsius. The freeze affected four of Mashinsky’s accounts at Goldman Sachs, registered under the company name Koala LLC, and three accounts from SoFi Bank, SoFi Securities, and First Republic. Additionally, another account held under the name AM Ventures at Merrill Lynch was frozen, as stated in a court order signed by Judge Jed Rakoff of the Southern District of New York. You might also like: Ex-Celsius CEO must respond to NY lawsuit According to the DOJ’s indictment against Mashinsky on July 13, the former Celsius CEO orchestrated a defraud customers through false claims about the company’s financial health. ...