We recently reported that the SEC sued the bankrupt crypto lending company Celsius, and former CEO Alex Mashinsky was arrested on fraud charges.
Lookonchain examined Alex Mashinsky's wallets and disclosed the crypto assets it holds.
Accordingly, on February 11, Alex Mashinsky sold all of his 90,000 CEL tokens for $48,018 and deposited this money to Coinbase to withdraw it in cash.
There are currently only $5,000 in crypto assets left in 9 wallets known to be Alex Mashinsky.
The CEL token, which fell 8% after the news of the lawsuit, is trading at $0.15 levels, rising slightly.