Crypto lender platform Celsius Network CEO Alex Mashinsky was reportedly stopped by authorities from leaving the U.S., amid insolvency rumours about his company.
Mashinsky's failed exodus was first disclosed by crypto analyst Mike Alfred on his Twitter account on Sunday local time. He tweeted saying Mashinsky was trying “to leave the country this (last) week via Morristown Airport (in New Jersey) but was stopped by authorities.”
According to Coingape, citing Alfred's prediction, the Ukraine-born CEO was trying to flee to Israel.
Alfred's tweet also added that Mahinsky current whereabouts are unclear. Details about whether he is under custody are yet to be revealed.
The cryptocurrency loan company allows users to deposit cryptocurrency digital assets into a Celsius wallet to earn a percentage yield or take out loans by placing their cryptocurrencies as security.
Currently, the crypto market is under high volatility since the US FED's increase in interest rates in early May 2022.
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