Celsius has reshuffled its board of directors as the crypto lender struggles with a liquidity crunch brought on by the collapse in digital currencies, according to new securities filings.
The company last week appointed to its board Alan Carr, founder and chief executive of fiduciary services firm Drivetrain, who is known for serving as a board director at companies that have undergone bankruptcy. Celsius also appointed David Barse, founder and CEO of Xout Capital, a firm that maintains financial indexes.