Published 2 years ago

Bankrupt crypto lender Celsius's CEO resigns

Summary by Ground News

Alex Mashinsky, chief executive at bankruptcy crypto lender Celsius, has submitted a letter of resignation. Following the news, Celsius's CEL token has lost more than 8%, according to CoinDesk data. Celsius in July filed for bankruptcy restructuring after it froze all user withdrawals and transfers.

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Times of India

Celsius Network's CEO Alex Mashinsky resigns, says will work with business to ensure creditors get best solution

Celsius Network's CEO, Alex Mashinsky, resigned months after the company filed for bankruptcy. The company's financial circumstances caused the market to fall and made many companies freeze their assets. However, the company is considering introducing a new cryptocurrency in the market.

2 years ago·India

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CNBC

Celsius CEO Alex Mashinsky resigns, and FTX buys Voyager's assets for $1.4 billion: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jesse Proudman, vice president of crypto trading at Betterment, discusses a new partnership with Gemini and the state of retail crypto investors.

2 years ago·United States

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IBTimes

Alex Mashinsky, CEO of Bankrupt Crypto Lender Celsius, Is Stepping Down

Alex Mashinsky, the CEO of crypto lender Celsius, is stepping down. The lender went bankrupt in July.

2 years ago·United States

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Bloomberg

Celsius CEO Resigns as Bankrupt Crypto Firm Works to Survive

Celsius Network Ltd. Chief Executive Officer Alex Mashinsky, who founded the embattled crypto startup and served as pitchman for the sky-high yields it promised to its thousands of investors, is stepping down as the company works its way through bankruptcy.

2 years ago·United States

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OAN

Celsius CEO steps down amid bankruptcy proceedings – One America News Network

By Mehnaz Yasmin and Hannah Lang(Reuters) -Celsius Network said on Tuesday Chief Executive Officer Alex Mashinsky has decided to step down and the bankrupt crypto lender appointed finance chief Chris Ferraro as its interim CEO.Before Celsius, Ferraro spent nearly 18 years at JPMorgan Chase & Co. Celsius also said Ferraro would serve as the company’s chief restructuring officer. “I regret that my continued role as CEO has become an increasing dis…

2 years ago·San Diego, United States

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Live Mint

Crypto lender Celsius CEO Alex Mashinsky resigns from his post

Chris Ferraro has been appointed as the interim CEO of the crypto lender. Ferraro will also take charge as the chief restructuring officer of Celsius.

2 years ago·New Delhi, India

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