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A Tale of Two Ponzis: Celsius and Luna, Alex Mashinsky and Do Kwon

Crypto Critics' Corner

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What's the Difference Between Sell Tokens and the Stock Market?

Moshinsky: Sell tokens didn't provide any rights to holders of sell token over the company Celsius. He says when you buy back your stock, you're taking those out of circulation. Dokwan tried to do a stablecoin kind of the exact same way before and it collapsed. Moshinsky: There's lots of issues with the actual token.

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