A Tale of Two Ponzis: Celsius and Luna, Alex Mashinsky and Do Kwon
Crypto Critics' Corner
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Cryptocurrency - Is Celsius Going to Bankruptcy?
Celsius is in relatively safe place following chapter 11 versus a lot of other players. The new plan with Celsius was for them to as soon as possible return assets to their custody customers use Bitcoin mining, which they are still actively losing money on every month. It's basically all nonsense, right? Like, I think anyone who seriously expects Celsius to be a going concern after these bankruptcy hearings is foolishly optimistic.
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