The big boss of the cryocurrency firm Celsius Network in which the Caisse de depot et placement du Québec (CDPQ) bet $ 200 million resigned Tuesday morning.
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“I have chosen to step down as CEO of Celsius Network today. Nonetheless, I will continue to focus on my work to help the community unite behind a plan that will deliver the best outcome for all creditors – something I have done since the company filed for bankruptcy,” the CEO said. Celsius Network CEO Alex Mashinsky via statement.
On his Twitter account, Alex Mashinsky, contented himself with sharing this statement in which he wishes his customers to “stay united”.
“I remain willing and available to continue working with the Company and its advisors to achieve the reorganization,” he said.
Asked by Le Journal, the Caisse, which has invested more than $200 million in the controversial platform, said it had nothing new to add, stressing that it was working on “its legal options”.
Busy months
Accusation of Ponzi fraud, data leaks, blocked accounts… the Celsius platform under the protection of US bankruptcy law has caused a lot of ink to flow in recent months.
Last July, Le Journal had reported that a vice-president of the Caisse, Thomas Birch, had already led a company in which the CEO of Celsius, Alex Mashinsky, had invested, but the woolen stocking of Quebecers had assured that all had been done properly.
“There was no real or apparent conflict of interest and the process of analyzing the file followed its normal course,” it was pointed out.
The Caisse had specified that Thomas Birch and Alex Mashinsky have “never worked directly together and do not have a personal relationship”.
“In this specific case, there is no ambiguity,” we insisted.
Celsius did not respond to our interview requests on Tuesday.