<ul data-eligibleForWebStory="true"><li>Ex-Celsius CEO Alex Mashinsky and related entities forfeit claims in bankruptcy case.</li><li>Documents confirm exclusion of Mashinsky and affiliated entities from future distributions under bankruptcy plan.</li><li>All claims by Mashinsky, AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC withdrawn and disallowed.</li><li>Legal resolution follows investigations and litigation related to Celsius Network's collapse in July 2022.</li><li>Assets freed through forfeiture to be reallocated to impacted customers and creditors for restitution.</li><li>Mashinsky has faced civil and criminal probes tied to Celsius' operations.</li><li>Latest development marks a significant step in severing Mashinsky's financial interest from the company's estate.</li></ul>

Ex-Celsius CEO Alex Mashinsky Forfeits Claims in Bankruptcy Case

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