Skip to content

· Alex Mashinsky resigns as Celsius CEO, Chris Ferraro steps in, and co-founder S. Daniel Leon leaves

Chris Ferraro Replaces Alex Mashinsky at Celsius Network

Celsius Network's founder resigned as CEO on Sept. 27, 2022.

Updated on Price data for subscribers
Alex Mashinsky speaks on Centre Stage at Web Summit 2021 in Lisbon, Portugal, on Nov. 4, 2021
Alex Mashinsky speaks on Centre Stage at Web Summit 2021 in Lisbon, Portugal, on Nov. 4, 2021. Photo: Web Summit / Wikimedia Commons, CC BY 2.0

On Sept. 27, 2022, Celsius Network's founder, Alex Mashinsky , announced, “I elected to resign my post as CEO of Celsius Network today.” Chief Financial Officer Chris Ferraro became chief restructuring officer and interim chief executive "with immediate effect," CoinDesk reported. Celsius had sat in Chapter 11 in New York since July 13, 2022, one month after it froze withdrawals for 1.7 million customers.

Cite this piece

Ryan Elliott Dennis, "Chris Ferraro Replaces Alex Mashinsky at Celsius Network," CryptoLately, Sep 27, 2022, https://cryptolately.com/articles/celsius-network-leadership-exits-2022

Tags: CEO resignation · crypto lending · bankruptcy · Celsius

Related, lately

More

Keyboard

j k
Move through a list
Enter
Open the selected piece
/
Search the list, or the whole site
g then h
Latest
g then a
Articles
g then s
The Signal
g then o
Opinion
g then p
People
?
This sheet
Esc
Close