Celsius articles

bankrupt celsius ceo bankruptcy cryptocurrency

Industry Tech Culture

Bankrupt crypto lender Celsius loses another exec as scrutiny over CEO intensifies

Co-founder Daniel Leon has followed CEO Alex Mashinsky out the door

In context: The bad news isn't alleviating for bankrupt crypto lending platform Celsius. A week after CEO Alex Mashinsky resigned from the company, cofounder S. Daniel Leon has now quit as chief strategy officer. Mashinsky is also dealing with revelations that he withdrew $10 million from the lender weeks before it froze customer accounts.

Full story By Rob Thubron, October 5, 2022, 6:55 AM

bitcoin miner woes risk worse celsius collapse cryptocurrency mining celsius

Celsius bankruptcy could push mining rig prices even lower

ASIC miners are already at a two-year low

By Rob Thubron, July 18, 2022, 6:51 AM 17 comments