A Mashinsky spokesperson, cited by the paper, said that the entrepreneur had disclosed to an unsecured creditors committee (UCC) in the bankruptcy proceedings that he and his family had $44 million in crypto frozen with Celsius following the withdrawal. The spokesperson said that Mashinsky “‘withdrew a percentage of cryptocurrency in his account, much of which was used to pay state and federal taxes,'” according to the FT.
U.S. Judge Denies Motion to Dismiss Class Action Lawsuit Against DraftKings and Its NFTs
In this recent ruling, a court agreed that DraftKings' NFTs involved an investment of money, pooled assets into a common...