Former CEO Alex Mashinsky and ex-Chief Strategy Officer Daniel Leon in May withdrew $10 million and $11 million, respectively, according to a legalresignedThe New Jersey company launched in 2018 and quickly became one of the darlings of the crypto community. Celsius marketed itself as a type of crypto bank, encouraging people to deposit their digital currencies with the firm and earning money by borrowing or lending against those funds.
In 2019, Celsius launched a mobile app and made its services available in 100 countries. A year later, the company landed millions of dollars in venture capital, which helped it launch a crypto-mining arm called Celsius Mining, which it still owns today. By the spring of 2021, Celsius had 200 employees and was managing about $10 billion worth of crypto assets on its platform.
Is anyone surprised?
The move which became known as: “The Pelosi”
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: JaxBizJournal - 🏆 599. / 51 Read more »