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Independent Examiner Excoriates Celsius as a Ponzi

The Breakdown

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Celsius and Mr. Moshinsky's Failure to Deliver on the Promises of Sell

Celsius told customers they would receive rewards in sell that Celsius would obtain from its internal treasury, which would hold an additional 325 million sell. According to Celsius, this process would create a self-sustaining flywheel. From its inception, however, Celsius and the driving force behind its operations, Mr. Moshinsky, did not deliver on these promises.

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