Celsius founder and recently resigned CEO Alex Mashinsky as he appeared in a promotional video for Celsius uploaded to YouTube. The video was deleted after the company imploded.

According to a financial disclosure form filed in New York bankruptcy court late Wednesday, three executives at Celsius cashed out at least $40 million incryptocurrencies shortly before the company stopped withdrawals for all users.

The withdrawals by Celsius executives don't look good, given how many users were stopped from being able to pull their money out during the liquidity crisis just a few months ago Users were left without anything after Celsius halted all withdrawals indefinitely in June. Celsius owes $4.7 billion to users, but doesn't have the money to pay them

The three execs who pulled out the money were the former CEO, the former Chief Strategy Officer, and the current CTO. In September, Mashinsky resigned as CEO, but is still at the center of an investigation into whether Celsius was a Ponzi scheme. Leon submitted his resignation yesterday.

According to the Financial Times, Mashinsky withdrew $10 million from Celsius before the company collapsed, but we now know that Leon and Goldstein also withdrew money before the public was aware of the company's financial problems. At least $21 million was withdrawn by Leon and at least $20.8 million by Goldstein.

The latest Celsius court filing, which totals over 14,000 pages, has been uploaded to the internet archive. The filing seems to have the names and transactions of all the users on the platform.

Screenshot showing just some of the withdrawals made by the former Celsius CEO in May of 2022.

The documents show that the wife of Mashinsky withdrew over $2 million in the Celsius token on May 31. The email was not responded to by Mashinsky.

The Celsius token has plummeted in value from a year ago. The price of the most popular digital currency is down from a year ago. The second most popular coin is currently trading at a lower price.