Tuesday, December 6, 2022

Celsius CEO resigns in the middle of bankruptcy proceedings

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  • Celsius Network CEO Alex Mashinsky submitted a letter of resignation Tuesday, months after the crypto company filed for Chapter 11 bankruptcy protection.

As CNBC previously reported, the crypto company saw a range of internal missteps leading up to its recent turmoil, according to former employees and internal documents. Multiple employees painted a picture of risk-taking, disorganization and alleged market manipulation.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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