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ROLLUP: Celsius Bankruptcy, Vitalik's Book, GHO Aave Stablecoin, 3ac StarkWare Token

Bankless

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Celsius Bankruptcy and DeFi Resilience

This chapter explores Celsius' Chapter 11 bankruptcy filing, detailing the company's operational struggles and the implications for its users. It contrasts traditional finance challenges with the robust protections offered by decentralized finance (DeFi) platforms like Compound and Aave. The narrative also examines mismanagement issues within Celsius, including a significant investment blunder and ongoing legal challenges, providing insights into the ethical responsibilities of financial platforms.

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