The authorities stopped the attempt of CEO Celsius to leave the country

Cryptocurrency investor and analyst Mike Alfred reported that US law enforcementprevented the departure of Celsius CEO Alex Mashinsky to Israel.

Back in mid-June, the cryptocurrency platformLending Celsius has frozen the withdrawal of funds for its customers. Since then, Alex Mashinsky has remained silent and there is no indication that client funds will ever be released. As Mike Alfred tweeted, the Celsius CEO planned to leave for Israel:

“This week, Alex Mashinsky tried to leave the country through Morristown airport, but the authorities stopped him. At the moment, it is unclear whether he was arrested or simply banned from leaving.”

The crypto-currency community took a wait-and-seeposition and relatively calmly reacted to the news about the events around Celsius. Some participants are sure that Alfred revealed another unsightly side of the company. Recall that in 2021, Israeli police arrested Celsius CFO Yaron Shalem as an accomplice of Singulariteam founder Moshe Hogeg, accused of money laundering.

“Now everything is in the hands of lawyers, I don’t know this wellor bad. I keep thinking that the FBI has almost certainly already contacted Mashinsky. Perhaps he was even captured, interrogated and released. But in this case, there is enough that the feds will want to study, ”Alfred wrote in his blog.

Recently it became known that Goldman Sachsplans to raise $2 billion to buy Celsius assets. The deal would allow the investment banking giant to buy the company's distressed assets at a "huge discount" if Celsius decides to file for bankruptcy.

Celsius previously hired consulting firm Alvarez& Marsal for restructuring advice. The company also made a similar request to the law firm Akin Gump Strauss Hauer & Feld. According to unnamed sources, one of the restructuring options could be bankruptcy of the company.

Ledger chief development officer Ian Rogers said that the company's sales "jumped 4.5 times in a day on the news of the Celsius problems" and still remain high.

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