Celsius CEO steps down as crypto lender bankruptcy proceedings continue
Alex Mashinsky has decided to step down from his role as CEO at Celsius, while finance chief Chris Ferraro has been tapped to serve as interim CEO.
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Alex Mashinsky has decided to step down from his role as CEO at Celsius, while finance chief Chris Ferraro has been tapped to serve as interim CEO.
Many crypto firms have gone belly up in 2022, but none are as dumb as Celsius. The company now wants to issue IOU tokens to customers who they owe money to.
The company had billions in loans and assets and even had founders selling its digital stock back to Celsius.