A proposed lawsuit from Celsius’ official creditor committee seeks damages from Alex Mashinky and other former Celsius executives over actions that led to the collapse of Celsius last year.
filed in a New York Bankruptcy Court on Feb. 14, attorneys representing the Official Committee of Unsecured Creditors said the move follows six months of investigations into Celsius’ current and former directors, officers and employees.
The proposed lawsuit — which seeks damages in an amount to be proven at trial — aims to bring claims and causes of action against the following Celsius executives, persons and their associated entities:Daniel Leon, co-founder, director and former CSO and COOJeremie Beaudry, former General Counsel and CCO
“Those parties were aware Celsius was promising its customer's interest payments that it could not afford and did nothing to fix the problem.”
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