{"id":73904,"date":"2023-02-10T14:01:03","date_gmt":"2023-02-10T12:01:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73904"},"modified":"2025-09-09T17:00:13","modified_gmt":"2025-09-09T14:00:13","slug":"publisher-pulls-alex-mashinskys-book-after-celsius-bankruptcy","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/publisher-pulls-alex-mashinskys-book-after-celsius-bankruptcy\/","title":{"rendered":"Publisher pulls Alex Mashinsky&#8217;s book after Celsius bankruptcy"},"content":{"rendered":"<p>The book by former Celsius Network CEO Alex Mashinsky, scheduled for publication, has been withdrawn from sale. Wiley confirmed the cancellation.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">This book has been cancelled. Please be aware that once a book is cancelled, removing all trace of it online can be a complex process. We\u2019re continuing to work with retailers and other partners to update their data with correct information.<\/p>\n<p>\u2014 Wiley (@WileyGlobal) <a href=\\\"https:\/\/twitter.com\/WileyGlobal\/status\/1622603704284155904?ref_src=twsrc%5Etfw\\\">February 6, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The book, titled \u201cMashinsky Method: The Decentralized Path to Financial Freedom,\u201d was slated to hit shelves in June 2023. According to the description on <a href=\\\"https:\/\/www.amazon.co.uk\/Mashinsky-Method-Yourself-Financial-Freedom\/dp\/1119863600\\\">Amazon<\/a>, the former Celsius chief promised to teach readers a \u201c7-step method\u201d for \u201cprotecting assets and building a total income [\u2026] using stablecoins and other cryptocurrencies, such as Bitcoin.\u201d<\/p>\n<p>One Twitter user urged the publisher not to embarrass itself by releasing the book, arguing that the real Mashinsky \u201cmethod\u201d is described in court documents related to Celsius\u2019s bankruptcy proceedings.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/WileyGlobal?ref_src=twsrc%5Etfw\\\">@WileyGlobal<\/a> I hope you won\u2019t publish this book, it would be shameful.<\/p>\n<p>The real Mashinsky \u201cmethod\u201d is described in the 600+ page Examiner\u2019s report released a few days ago: <a href=\\\"https:\/\/t.co\/MVROkr56E0\\\">https:\/\/t.co\/MVROkr56E0<\/a><\/p>\n<p>\u2014 Michel Abadi (@MichelAbadi) <a href=\\\"https:\/\/twitter.com\/MichelAbadi\/status\/1622255468184846337?ref_src=twsrc%5Etfw\\\">February 5, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Wiley said the book\u2019s release has been canceled. However, updating information across retailer sites may take time. One Australian retailer still lists the preorder for 46,25 AUD ($32) at <a href=\\\"https:\/\/www.booktopia.com.au\/the-mashinsky-method-mashinsky\/book\/9781119863601.html\\\">46,25 AUD ($32)<\/a>.<\/p>\n<p>Back in November 2022 the publisher first said the book would not be published.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Hi, thanks for tagging us. This book is not being published. We\u2019re working with retailers to update their website data.<\/p>\n<p>\u2014 Wiley (@WileyGlobal) <a href=\\\"https:\/\/twitter.com\/WileyGlobal\/status\/1595466594402144256?ref_src=twsrc%5Etfw\\\">November 23, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In June 2022, the crypto lender Celsius <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-token-plunges-50-amid-withdrawal-suspension\">paused withdrawals, exchanges and transfers<\/a> between accounts. A month later the platform <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-files-for-bankruptcy-protection\">filed for bankruptcy<\/a> under Chapter 11 of the U.S. Bankruptcy Code. The company\u2019s liabilities exceeded its assets <a href=\"https:\/\/u1f987.com\/en\/news\/gap-in-celsius-network-balance-sheet-amounts-to-2-85-billion\">by $2.85 billion<\/a>.<\/p>\n<p>In September, Alex Mashinsky <a href=\"https:\/\/u1f987.com\/en\/news\/alex-mashinsky-resigns-as-celsius-network-chief-executive\">left<\/a> the post of Celsius CEO.<\/p>\n<p>In early 2023, the New York Attorney General charged Mashinsky <a href=\"https:\/\/u1f987.com\/en\/news\/new-york-attorney-general-sues-former-celsius-ceo-for-defrauding-investors\">with defrauding investors \u201cbillions of dollars\u201d<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The book by former Celsius Network CEO Alex Mashinsky, scheduled for publication, has been withdrawn from sale.<\/p>\n","protected":false},"author":1,"featured_media":73905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1300,1348,1331],"class_list":["post-73904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bankruptcy","tag-celsius-network","tag-culture-and-art"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=73904"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73904\/revisions"}],"predecessor-version":[{"id":73908,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73904\/revisions\/73908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73905"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}