On The Brink with Castle Island cover image

Weekly Roundup 08/19/22 (Treasury Activated Soft Fork, Coinbase vs Vitalik, do BTC miners censor?) (EP.341)

On The Brink with Castle Island

CHAPTER

The C C a Is Getting Uglier and Ugly.

Dephani: Celsius founder Alex mashinsky was actively trading customer deposits. He requisitioned over a hundred million and customer assets to launch into his own proprietary trading strategy, he says. Dephani: I don't see this entity emerging from bankruptcy. Maybe there's value in some of the customer relationships, but it is hard to imagine this thing getting resurrected post bankruptcy.

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