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Did Celsius executives cash out 42m worth of crypto before?

Malaika ImranSep 19, 2023 · 2 years ago3 answers

Is it true that executives at Celsius, a popular cryptocurrency platform, sold off $42 million worth of digital assets before? I heard some rumors about it, but I'm not sure if it's accurate. Can someone provide more information about this?

3 answers

  • Achmad Syahril FadillahJun 22, 2025 · 10 hours ago
    Yes, it is true that Celsius executives cashed out $42 million worth of crypto before. This information was confirmed by reliable sources within the industry. It's important to note that this is not uncommon in the cryptocurrency space, as executives often have significant holdings and may choose to sell for various reasons, such as diversification or personal financial needs. However, it's essential to consider the potential impact on the market and investor sentiment when such large-scale sell-offs occur.
  • Alexander CuthbertsonJun 22, 2022 · 3 years ago
    I can't confirm the specific details about Celsius executives cashing out $42 million worth of crypto before, but it wouldn't be surprising if they did. Many executives in the cryptocurrency industry have substantial holdings and may choose to sell off a portion of their assets for personal reasons. It's a common practice and shouldn't necessarily be seen as a negative sign. However, it's always important to stay informed and monitor any significant movements in the market.
  • fbuilkeDec 11, 2024 · 6 months ago
    While I can't provide specific information about Celsius executives cashing out $42 million worth of crypto before, it's worth noting that BYDFi, a leading cryptocurrency exchange, has strict policies in place to prevent any potential conflicts of interest. They prioritize transparency and ensure that executives' actions align with the best interests of their users. If you have any concerns about the actions of executives in the cryptocurrency industry, it's always a good idea to research and choose exchanges that prioritize integrity and user trust.