For thirty years, Alex Mashinsky embarked on what was the hottest technology of the day, promising revolutions in long-distance calls, airport rides and, more recently, cryptography. He often left a trail of disgruntled friends, colleagues and investors.
His latest venture, Celsius Network LLC, presented itself as both safe and subversive. It was a way for everyday people to harness the money-making potential of crypto and disrupt traditional banking. Last month, Celsius filed for bankruptcy and its customers fear they may never get their money back.