The Celsius company CEO, Alex Mashinsky has tendered his resignation. The embattled crypto firm boss’s resignation is with immediate effect.

It can be recalled that Mashinsky was alleged of trying to flee the US amid a crisis with the Celsius Network a couple of months ago. This was however debunked by a spokesperson for the company.

Celsius filed for bankruptcy in July amid the current market situation. Details of Mashinsky’s resignation have not been given as of publication.

Mashinsky founded Celsius Network, a borrowing and lending platform for digital assets like BitcoinEthereum, and other cryptocurrencies. It encouraged its customers to “unbank” themselves and offered interest rates as high as 18.6 percent on cryptocurrency deposits.

More details to follow…………….

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