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Contagions and Cascading Liquidations in Cryptocurrency

Crypto Critics' Corner

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Cryptocurrency Markets - Is There a Contagion Risk?

Tether was the lead equity investor in celsiuss early venture capital rounds, correct? And they have a deep history with them, in which mushinsky said that he gets, you know, billion dollar loans from them denominated in tether. The full extent of what debts can't be paid and what might be liquidated is unknown. What asset three os capital may end up committing or needing to sell is still unknown.

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