Almost $1 million in CEL and USDC has been sent to UniSwap and MetaMask since the beginning of October from wallets belonging to Alex Mashinsky, according to data compiled by Nansen.
Some of the transactions from Alex Mashinsky's crypto wallets (Nansen)
On-chain data from analytics platform Nansen identifies wallets belonging to Mashinsky showing a steady stream of Celsius' CEL token and Circle's USDC stablecoin leaving his six wallets over the last month.
Coffezilla, a blockchain sleuth that exposes crypto scams on YouTube, claims to have spotted another wallet controlled by Mashinsky that has moved approximately $225,376 in CEL and USDC during the last month. Ownership of this wallet has not been confirmed by Nansen, however on-chain data shows that it's been funded by a confirmed Mashinsky wallet.
Alex Mashinsky is such a cartoonish villain. After getting called out for stealing money from his company on the brink of bankruptcy, he starts dumping hundreds of thousands of dollars of $CEL tokens across multiple wallets.
— Coffeezilla (@coffeebreak_YT) October 11, 2022
He's dumping I write this, last trade 3 min ago) pic.twitter.com/Ugg9Q7yDTZ
This is in addition to the $28,242 moved by Mashinsky in August over the course of a few days, and the nearly $27 million that was withdrawn by executives in two tranches before the firm declared bankruptcy.
According to on-chain data, Mashinsky’s collection of wallets still contains $197,301 worth of crypto, primarily comprised of CEL and USDC.
