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Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles


For thirty years, Alex Mashinsky embarked on what was the hottest technology of the day, promising revolutions in long-distance calls, airport rides and, more recently, cryptography. He often left a trail of disgruntled friends, colleagues and investors.

His latest venture, Celsius Network LLC, presented itself as both safe and subversive. It was a way for everyday people to harness the money-making potential of crypto and disrupt traditional banking. Last month, Celsius filed for bankruptcy and its customers fear they may never get their money back.


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