Is Celsius Network CEO Daniel Leon out?

The announcement comes a week after chief executive officer Alex Mashinsky's resignation. Celsius Network's co-founder and chief strategy officer Daniel Leon has stepped down, the bankrupt crypto lender has said, joining a wave of executive departures from beleaguered digital asset companies.

Who is Daniel Leon?

S. Daniel Leon, co-founder and chief strategy officer of bankrupt crypto lending platform Celsius, has stepped down, according to people familiar with the matter and an internal memo viewed by CNBC. Leon’s departure was announced on Tuesday. His exit comes a week after the company’s CEO, Alex Mashinsky, submitted a letter of resignation.

What happened to Celsius Network?

In this photo illustration, the Celsius Network logo is displayed on a smartphone screen beside Bitcoin cryptocurrencies. S. Daniel Leon, co-founder and chief strategy officer of bankrupt crypto lending platform Celsius, has stepped down, according to people familiar with the matter and an internal memo viewed by CNBC.

Who is Celsius?

Celsius is a fast-growing company specialising in functional energy drinks, with a broad portfolio of products offering clinically proven, innovative formulas that aim to embody a healthy lifestyle & help customers live a fit and active life.