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Crypto lender Celsius dismisses a quarter of its employees

From theblock.co

Troubled cryptocurrency lending platform Celsius has cut 150 employees, Israeli business website Calcalist said today in a story tagged “exclusive.” The company’s LinkedIn profile lists 651 employees, with its headquarters in Hoboken, New Jersey. It also has offices in Israel and the UK. Calcalist said some of the retrenched workers were in Israel, adding that Celsius did not respond to a request for comment. The Block reported recently that Celsius had appointed Citigroup to advise on its financial options, and the Wall Street Journal said the lender was working with restructuring consultants from advisory firm ... (full story)

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  • Category: Fundamental Analysis