Celsius Co-Founder Daniel Leon Calls it Quits - Blockchain.News
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The embattled crypto lender Celsius Network Ltd.
In his resignation letter, Mashinsky said: "Effective immediately, please accept my resignation as CEO of Celsius Network Ltd, as well as my directorships and other positions at each of its direct and indirect subsidiaries, with the exception of my director position at Celsius Network Ltd.
According to a source familiar with the matter, Sam Bankman-Fried - the founder and Chief Executive Officer (CEO) of digital-asset exchange FTX - is considering bidding for the assets of bankrupt lender Celsius Network.
Mashinsky co-founded the Celsius Network alongside Daniel Leon back in 2017, and the firm grew to become one of the most celebrated crypto lending platforms in the crypto world.
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His exit comes a week after the company’s CEO, Alex Mashinsky, submitted a letter of resignation last week.
As contained in a Press Release from the company, the resignation letter was handed over to the Company's Special Committee of the Board of Directors.
has lost another top member as co-founder Daniel Leon resigned this week.
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