The former CEO of the Caisse’s controversial partner, Celsius Network, allegedly withdrew more than $10 million before suspending access to his customers’ accounts five months ago, according to the Financial Times.
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That sum would have been withdrawn from accounts in May, a few weeks before account withdrawals were blocked for its 1.7 million customers.
Recall that Alex Mashinsky resigned as CEO last Tuesday after a turbulent few weeks.
“I regret that my continued role as CEO has become an increasing distraction, and I am truly sorry for the financial difficulties our community members are facing,” he said.
In recent months, the Celsius platform, which is protected by US bankruptcy laws, has been rocked by allegations of Ponzi fraud and data leaks.
For its part, the Caisse de depot, which has bet $200 million in Celsius, is examining “its legal options.”
Reached out by Le Journal, Celsius did not respond to our interview requests.
-With the collaboration of Sylvain Larocque