Former Celsius CEO will not receive assets from bankruptcy, court agreement prohibits distribution to him

From Cointelegraph

June 17, 2025 2:56:00 am:

Former Celsius CEO Alex Mashinsky will not claim any assets from the Celsius bankruptcy. The United States Bankruptcy Court stated an agreement prohibits distribution of proceeds to Mashinsky and related entities. Celsius creditors have claimed over $1 billion in assets this year. In August 2024, $2.5 billion was paid out to 251,000 creditors.

Read more at Cointelegraph.: Mashinsky Won’t Get Assets From Celsius Debtors