HomeEconomyCelsius co-founder and head of strategy Leon resigns from bankrupt crypto lender Economy Celsius co-founder and head of strategy Leon resigns from bankrupt crypto lender By farahat October 4, 2022 0 105 views Share FacebookTwitterPinterestWhatsApp BTC /USD +3.% Add to/Remove from watchlist Add to watch list Add Location Job added successfully: Please name your holdings type: purchase Sell date: quantity: price point value: Leverage: 1:11: 1: (Reuters) – Daniel Leon, co-founder and chief strategy officer of Celsius Network, has stepped down, the bankrupt cryptocurrency lender said on Tuesday, joining a wave of executive departures from the struggling digital asset firm middle. The announcement comes a week after CEO Alex Mashinsky resigned. Leon’s departure was first reported by CNBC. Celsius Application Chapter headquartered in Hoboken, NJ went bankrupt in July and a month later due to Extreme market conditions freeze withdrawals. Lenders such as Celsius along with major cryptocurrencies and flourished with the popularity of Bitcoin as they offer much higher interest rates than traditional banks and easy access to loans. However, the digital token terraUSD has The crash and luna, combined with a tough macroeconomic environment, tested their business model el and eroded customer optimism. Voyager Digital Ltd, another major U.S. cryptocurrency lender, also filed for bankruptcy in July. Share FacebookTwitterPinterestWhatsApp Previous article'Vampire Reginald' review: Syfy's comedy offers a captivating lead, but lacks tractionNext articleDallas Fed says soaring inflation has severely eroded wage growth for many Americans farahat RELATED ARTICLES Economy U.S. review of China tariffs won't depend on trade 'breakthrough' – deputy USTR May 28, 2023 Economy Fed's Goolsbee says U.S. debt ceiling deal avoided 'extremely negative' consequences May 28, 2023 Economy Israel watchdog asks banks for data on rate probe May 28, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Germán returns to action against Mariners May 28, 2023 Week 21 recap: iPhone 16 Pro Max renders emerge, Xperia Compact foldable rumored May 28, 2023 Germán returns to action against Mariners May 28, 2023 Best Fashion Instagrams of the Week: Elle Fanning, Selena Gomez and Oprah May 28, 2023 Load more Featured NEWS Narciso Rodriguez and Zara celebrate their partnership with a cozy dinner September 7, 2022 Chrome is delivered without any sprints at all (2021) August 22, 2022 Fed proposes plan for banks to manage climate-related financial risks December 3, 2022 Rocket report: SpaceX sees ride-sharing demand, strange launch deal between Russia and Iran August 23, 2022 Load more
