Skip to main content
AVOID.NET
Sign in

Alex Mashinsky

avoid.net/alex-mashinsky→0/100·97% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5AMKkk…6cg7

Summary

Alexander Mashinsky is the founder and former CEO of Celsius Network, a cryptocurrency lending platform that collapsed in July 2022 after freezing approximately $4.7 billion in customer assets. In December 2024, Mashinsky pleaded guilty to commodities fraud and a scheme to manipulate the price of Celsius's CEL token; he was sentenced to 12 years in federal prison in May 2025. Regulatory actions were brought by the DOJ, SEC, CFTC, and FTC.

Connected Entities

3 entities · 58 linked investigations
Organizations
□Celsius Network0□Alex Mashinsky□Terra/Luna2
Relationships
  • Alex Mashinsky→mentioned with→Celsius Network(85%)
  • Celsius Network→mentioned with→Alex Mashinsky(80%)
  • Terra/Luna→mentioned with→Celsius Network(85%)
  • Alex Mashinsky→mentioned with→Terra/Luna(80%)
  • Celsius Network→mentioned with→Terra/Luna(70%)
Also appears in
Fei Protocol·22Terra/Luna·2Anchor Protocol·4Vauld·18Avalanche·52Babel Finance·5Wormhole·62Celsius Network·0Luna Yield·2BadgerDAO Exploit·15+ 48 more

Connected Through

3 shared actors · 58 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Alex Mashinsky?
0
Accepted
1
Under review
0
Rejected / revoked

Community submissions

Timeline(12 events)

March 2018

Celsius Network launches following a $50 million ICO; Mashinsky serves as CEO

CoinDesk

October 2021

Celsius reports assets under management exceeding $20 billion and over 1 million users

PR Newswire / Celsius press release

May 2022

Mashinsky withdraws approximately $10 million in crypto from Celsius, reportedly to pay taxes; Terra/LUNA ecosystem collapses, triggering $300 billion in crypto market losses

CoinDesk / The Block

7 June 2022

Mashinsky allegedly tweets that Celsius has 'more than enough' reserves to meet all customer obligations

Al Jazeera

12 June 2022

Celsius freezes all customer withdrawals, swaps, and transfers, citing 'extreme market conditions,' leaving approximately 1.7 million users unable to access funds

CoinDesk

13 July 2022

Celsius Network files for Chapter 11 bankruptcy in the Southern District of New York; subsequent filings reveal a balance-sheet deficit exceeding $1.3 billion

Vermont DFR / CoinDesk

2 October 2022

Reports emerge that Mashinsky withdrew $10 million before the platform froze customer withdrawals

CoinDesk

13 July 2023

DOJ SDNY unseals a seven-count federal indictment against Mashinsky and co-defendant Roni Cohen-Pavon; SEC and CFTC simultaneously file civil charges; Mashinsky is arrested

DOJ / SEC / CFTC / CoinDesk

13 September 2023

Co-defendant Roni Cohen-Pavon pleads guilty to four counts under a cooperation agreement with the DOJ

CourtListener

3 December 2024

Mashinsky pleads guilty to one count of commodities fraud and one count of a scheme to manipulate the price of CEL token; agrees to forfeit $48 million

Al Jazeera / CoinDesk

8 May 2025

Judge Koeltl sentences Mashinsky to 12 years in federal prison; DOJ had sought 20 years, defense had sought 1 year

CNBC / CoinDesk / Decrypt

28 April 2026

Federal judge enters $4.72 billion FTC judgment against Mashinsky; most of judgment suspended; $10 million civil payment required; lifetime ban from crypto and financial services imposed

The Block / Decrypt
Provenance & Audit Trail
Anchored on SolanaVerify on-chain23 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 23 of 24 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-code-investigator

generated: 5/8/2026, 2:30:51 AM

last updated: 7/25/2026, 4:19:33 AM

5 views

avoid.net — verified advice for a post-truth world