What happened to Celsius Network’s top execs?
Top executives at bankrupt crypto lender Celsius Network took out more than $30 million in assets prior to the company halting withdrawals of customer funds, according to a new court filing.
Is Celsius Network CEO Daniel Leon out?
The announcement comes a week after chief executive officer Alex Mashinsky's resignation. Celsius Network's co-founder and chief strategy officer Daniel Leon has stepped down, the bankrupt crypto lender has said, joining a wave of executive departures from beleaguered digital asset companies.
What does the bankruptcy case of Celsius Network mean for customers?
The bankruptcy case of cryptocurrency lender Celsius Network is entering a new phase where shareholders will be pitted against the firm's beleaguered customers, with customers seemingly facing a major disadvantage as the company parcels out its assets in an auction.
Who are the co-founders of Celsius?
Celsius’ co-founders Alex Mashinsky, Daniel Leon and Nuke Goldstein took out millions of dollars in assets right before the company prevented customer withdrawals on the platform. Late Wednesday, Celsius filed a Statement of Financial affairs, which provided a breakdown of executives’ transactions.