Chief exec Alex Mashinsky resigns from Celsius Network
Alex Mashinsky has resigned as chief executive officer of Celsius Network amid troubling accusations and bankruptcy hearings.
Alex Mashinsky has resigned as chief executive officer of Celsius Network amid troubling accusations and bankruptcy hearings.
A US judge has approved an examiner to probe concerning allegations that Celsius was insolvent as early as 2019.
At a meeting with Celsius employees, CEO Alex Mashinsky outlined the three steps the company needs to take if it’s to relaunch successfully.
A court filing also claims Celsius may have been insolvent as early as 2019 and that its operation bears all the hallmarks of a Ponzi scheme.
A lawsuit from Celsius claims KeyFi lost and stole tens of millions of dollars worth of crypto while using Tornado Cash to launder its funds.