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Mika Honkasalo
Independent crypto researcher who discusses the situations with Celsius and Three Arrows Capital, risk management, and contagion effects in the crypto space.
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Jun 17, 2022
• 39min
Why Possible Insolvencies by Celsius and 3AC Could Spell Disaster for Crypto - Ep. 364
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Mika Honkasalo, an independent crypto researcher, dives deep into the troubling situations of Celsius and Three Arrows Capital. He explains the critical significance of Celsius pausing withdrawals and the implications of staked ETH on its financial stability. Mika analyzes how the Terra collapse sparked a contagion in the industry and warns investors about potential risks linked to centralized crypto lenders. He also discusses the challenges of risk management and who could be impacted if 3AC faces insolvency, urging scrutiny in these turbulent times.
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