Celsius CEO has submitted his resignation letter and will participate in the company's development as a consultant

Chain Catcher news, the CEO of the crypto lending platform Celsius, Alex Mashinsky, has submitted his resignation to the board.

In his resignation letter, Mashinsky stated, "I will continue to work to help the community unite behind a plan that provides the best outcome for all creditors, which is what I have been doing since the company filed for bankruptcy. I believe that if the Celsius community comes together to help formulate the best recovery plan, we will all benefit more. I remain willing to continue working with the company and its advisors to achieve a successful restructuring."

Earlier, Chain Catcher reported that Celsius shareholders proposed the establishment of a shareholder committee to ensure their interests are protected in the bankruptcy restructuring process (source link)