Cryptocurrency lender Celsius has laid off 150 staff, together with some working in Israel and the U.S., stories Calcalist.
The workforce discount comes as the corporate is exploring choices like pursuing strategic transactions and restructuring its liabilities.
Just lately, Sam Bankman-Fried-led FTX rejected a deal to amass the lender after analyzing its stability sheet.
Celsius suspended withdrawals from its platforms final week. As well as, it paused all swaps and transfers between the platform’s accounts.
“We proceed to take necessary steps to protect and shield belongings and discover choices accessible to us. The choices embrace pursuing strategic transactions and restructuring of our liabilities, amongst different avenues,” the agency stated in a statement.
“Our relationship with the group and our shoppers has been a supply of satisfaction for all staff members at Celsius, and we are going to proceed to share info with our clients as and when it turns into acceptable,” the corporate added in the assertion.
Earlier this week, Celsius denied reports that CEO Alex Mashinsky had tried to flee the U.S. after the corporate’s liquidity disaster worsened, resulting in the halting of withdrawals.
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