Alex Mashinsky
Alex Mashinsky (born 1965) is a Ukrainian-born Israeli-American entrepreneur, business executive and alleged fraudster. He is a cofounder and former CEO of Celsius Network, a bankrupt cryptocurrency lending platform.
Alex Mashinsky | |
|---|---|
Mashinsky in 2021 | |
| Born | 1965 (age 58–59) Ukrainian SSR, Soviet Union (present-day Ukraine) |
| Citizenship | Israel, United States |
| Occupation(s) | Entrepreneur, CEO |
| Employer | Celsius Network |
| Spouse | Krissy Mashinsky |
| Children | 6 |
| Military career | |
| Allegiance | Israel |
| Service/ | Israel Defense Forces |
| Years of service | 1984–1987 |
| Unit | Golani Brigade |
| Website | www |
In the early 1990s, Mashinsky founded VoiceSmart, one of the first firms to offer telecommunications switches to handle ordinary voice as well as Voice over IP call routing. Mashinsky founded GroundLink in 2004 as a service to book an on-demand limousine and car services from a computer or smartphone. He was also the founder of Q-Wireless, which later became part of Transit Wireless. From 2014 to 2015, Mashinsky was CEO of Novatel.
Mashinsky is the defendant in a civil lawsuit brought in January 2023 by the Attorney General of New York, who accuses him of committing securities fraud during his time as Celsius CEO. On July 13, 2023, the Securities and Exchange Commission charged Mashinsky and Celsius with violating federal security laws. On the same day, he was indicted and arrested by federal authorities in the Southern District of New York for alleged fraud and market manipulation.