Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles

For some 30 years, Alex Mashinsky barreled into no matter was the recent expertise of the time, promising revolutions in long-distance calling, airport rides and, most just lately, crypto. He usually left a path of sad pals, colleagues and buyers.

His newest enterprise, Celsius Community LLC, pitched itself as each protected and subversive. It was a means for normal folks to faucet the moneymaking potential of crypto, and to upend conventional banking. Final month, Celsius filed for chapter safety, and its clients fear they could by no means get their a refund.