Alex Mashinsky Bio: Prison, Wife, Age, Net Worth, Celsius Network, Fraud, Career

Alexander Mashinsky, known professionally as Alex Mashinsky, is an Israeli-American entrepreneur and convicted fraudster who co-founded Celsius Network, a cryptocurrency lending platform that collapsed amid allegations of misleading investors and market manipulation, leading to his 12-year prison sentence in 2025.

Profile

• Full Name: Alexander Mashinsky
• Stage Name: Alex Mashinsky
• Born: October 5, 1965
• Age: 60 years old
• Birthplace: Ukrainian SSR, Soviet Union
• Nationality: Israeli-American
• Occupation: Entrepreneur, Business Executive, Former CEO
• Height: 5 ft 9 in (175 cm)
• Religion: Judaism
• Parents: Mr. and Mrs. Mashinsky
• Siblings: Unknown
• Spouse: Krissy Mashinsky
• Children: Six
• Relationship: Married
• Net Worth: $10 million to $50 million

Early Life And Education

Alex Mashinsky was born on October 5, 1965, in the Ukrainian SSR of the Soviet Union, and raised by his parents, Mr. and Mrs. Mashinsky, in a Jewish household amid communist hardships like food shortages and long queues.

His ethnicity is Ashkenazi Jewish, reflecting Eastern European roots. In the 1970s, his family emigrated to Israel, where he experienced culture shock and honed his tinkering skills, often hacking public phone lines like his father.

Career

Mashinsky launched his career in the early 1990s with VoiceSmart, pioneering VoIP telecommunications switches, followed by Arbinet in 1996—a VoIP marketplace that went public in 2004.

He founded GroundLink in 2005 for on-demand car services and co-established Transit Wireless, delivering Wi-Fi to New York City’s subway. In 2017, he co-founded Celsius Network, a crypto lending platform promising high yields on deposits like Bitcoin, which peaked at $25 billion in assets but filed for bankruptcy in 2022 amid high-risk investments.

As CEO until September 2022, he hosted “Ask Me Anything” livestreams to attract users. Legal troubles ensued: In January 2023, New York sued him for securities fraud; he was arrested in July for commodities and wire fraud, pleading guilty in December 2024 and receiving a 12-year sentence on May 8, 2025, with $48 million forfeited. His ventures achieved over $3 billion in exits and 50+ patents.

Social Media

• Twitter: @Mashinsky

Personal Life

At 60, Alex Mashinsky shares a long-term marriage with entrepreneur Krissy Mashinsky, whom he began dating in 2005 and wed in December 2011; she runs USA Strong, an online retailer, and remains active on social media sharing family moments. The couple raised six children—three daughters.

Net Worth

Alex Mashinsky‘s net worth is estimated at $10 million to $50 million, diminished from pre-bankruptcy highs of $400 million to $500 million due to Celsius’s collapse, $4.7 billion FTC settlement, and forfeiture of $48 million in illicit gains from fraud schemes that defrauded investors of billions.