Celsius Network, which holds over $26b in customer assets is still being silent on whether their CFO ,Yaron Shalem, was recently arrested on fraud allegations in Israel in connection to the Moshe Hogeg case.
Shalem was formerly CFO at venture capital firm Singulariteam Ltd., headed by entrepreneur Moshe Hogeg. Hogeg, his firm and his associates have been plagued by accusations and lawsuits alleging involvement in a number of scam ICOs. These include LeadCoin and Stox.
If he was the CFO of any other traditional company this would have been a scandal but Celsius network and the investors are like " So what?". People are like : this is just the CFO , tell me when the CEO is accused of something.
If this allegation is real, its big lapse on the part of Celsius team to have hired a person who is previously connected to fraudulent activities. This should not be overlooked.
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