Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm
Yaron Shalem, the chief financial officer of cryptocurrency lending platform Celsius, was one of the seven people arrested in Tel Aviv this month in connection with Israeli crypto mogul Moshe Hogeg, CoinDesk has confirmed. Three sources in Israel confirmed Shalems arrest. In a tweet Friday, Celsius said it was “recently made aware of a police investigation in Israel involving an employee,” without naming the person. “While this is in no way related to the employees time or work at @CelsiusNetwork, the employee was immediately suspended. We have also verified that no assets were misplaced or mishandled,” the tweet said. Court proceedings in Israel generally take place in public, except under certain extenuating circumstances when a gag order can be placed on an investigation to protect the identity of individuals involved, as is the case with the people that are part of the Hogeg investigation. Shalem‘s name was included – along with 17 others, including Hogeg’s – in an appendix to a document bearing the letterhead of the Israel police‘s national fraud investigation unit. The page, reviewed by CoinDesk, was stamped Nov. 15 by Judge Erez Melamed of the Rishon Lezion Magistrate’s Court. It is not clear from the appendix what kind of document it