Celsius Co-Founder, Daniel Leon, Quits

Bloomberg reports that the co-founder of beleaguered crypto lender Celsius Network has stepped down.

Late September, Celsius lost its CEO Alex Mashinksy. Mashinky stepped down when the company’s creditor committee called for his removal after the lender halted services and declared bankruptcy in July. 

Celsius’ liabilities totals an excess of $6.7 billion, and it has a deficit of $2.8 billion. Court documents shows that Ihe company’s remaining assets are estimated to be worth around $3.9 billion.

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