Former Celsius CEO Mashinsky's home and assets ordered frozen in criminal case

Quick Take

  • Judge Jed Rakoff for the U.S. District Court for the Southern District of New York ordered “property and other interests” to be “restrained,” including funds held at Goldman Sachs, Merrill Lynch and SoFi Bank.

     

Assets across multiple financial institutions and a home in Texas belonging to former Celsius CEO Alex Mashinsky have been frozen, according to an unsealed court order. 

Mashinsky was arrested in July after prosecutors said he defrauded customers and mislead them about Celsius’ profitability. 

Judge Jed Rakoff for the U.S. District Court for the Southern District of New York on Wednesday ordered "property and other interests" to be "restrained." The order included funds held at Goldman Sachs, Merrill Lynch and SoFi Bank, as well as a home in Austin, Texas that's shared with Mashinsky's wife.

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