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ROLLUP: China Turns Bullish On Crypto | Celsius Bailout Plan
Bankless
The Clashbacks of a Creditor Over $5,000
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If you are a Celsius holder, it's a totally different deal if you have $5,000 or less. Then you just get 70%, so you get a 30% haircut and you get 70% and no equity. If they're depending on how they're marking this, say you have Ether in Celsius and Celsius goes insolvent. That Ether was priced higher. So like 70% on your dollar for a forcehold of Ether for that amount of time. I don't know how much this gets- It's for revenge equity then politics.
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