Another top executive of crypto lender Celsius Network has reportedly decided to leave his post following the resignation of the embattled company’s former CEO, Alex Mashinsky.
Bloomberg Rapporten that Celsius co-founder and chief strategy officer Daniel Leon stepped down this week just days after Mashinsky submitted his letter of resignation.
Celsius confirmed Leon’s exit on Tuesday, according to Bloomberg.
"Mir bestätegen datt den Daniel Leon vu senger Positioun am Celsius demissionéiert huet an net méi Deel vun der Organisatioun ass."
Mashinsky and Leon are resigning as Celsius prepares to sell off its assets later this month as part of its bankruptcy proceedings.
FTX CEO Sam Bankman-Fried, who has been bailing out struggling companies impacted by the crypto winter, is reportedly eyeing to Offer on the beleaguered crypto lender’s assets.
Celsius halted all withdrawals in June of this year after becoming insolvent, and later declared Chapter 11 bankruptcy when it was unable to meet debt obligations.
En August Rapport from the Financial Times (FT) said that Celsius had lost hundreds of millions of dollars of its customers’ funds through irresponsible proprietary trading.
A new report from FT claims that Mashinsky fortgehuewen $10 million worth of crypto assets from the platform in May as Celsius customers were panicking due to plummeting prices. A spokesperson responded to the report saying that Mashinsky made the withdrawal due to tax obligations.
"Mëtt bis Enn Mee 2022 huet den Här Mashinsky e Prozentsaz vun der Krypto Währung op sengem Kont zréckgezunn, vill vun deem gouf benotzt fir staatlech a federale Steieren ze bezuelen. An den néng Méint bis zu deem Réckzuch, huet hien konsequent cryptocurrency a Betrag deposéiert, déi am Ganzen dat wat hien am Mee zréckgezunn huet.
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Source: https://dailyhodl.com/2022/10/05/bankrupt-crypto-lender-celsius-co-founder-resigns-days-after-alex-mashinsky-report/