The recent decline in the cryptocurrency industry has disrupted the operations of many companies and projects. Some companies went bankrupt, while others suspended their operations. Celsius, one of the projects that suspended its withdrawals, faced bankruptcy claims after the problems it experienced. Afterwards, Celsius started to pay its debts and finally changed its board of directors.
Celsius Changed Board of Directors
According to the report released by Companies House, the executive agency of the UK Government, crypto lending company Celsius Network, which has been on a post-crisis recovery, held its board amid bankruptcy speculation. According to the published report, David Barse and Alan Jeffrey Carr have been appointed as Directors.
However, Celsius also appears to have ended the directorships of John Stephen Dubel, Laurence Anthony Tosi and Gilbert Nathan. So much so that less than two weeks have passed since Nathan and Dubel were appointed as managers, but the deals have been terminated.
Finally, it should be noted that Dubel is the founder of Dubel & Associates, a restructuring services provider. Tosi, who is the CEO of Airbnb and The Blackstone Group, is among the founders of the investment firm WestCap.
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