Wednesday, March 22, 2023

Celsius Files for Bankruptcy

By DAC000 , in fintech bubble , at July 13, 2022 Tags:

multiple sources are reporting this evening, about a two minute read. Active Twitter thread follows.

Comment: and the collapsing Fintech Bubble claims another over leveraged entity. What a mess, so many people staked everything, attracted by 20% to 30% returns, and now have lost everything. The US is what we call a “creditor hostile regime”; this may wind through the courts for years, and ultimately enrich only the lawyers. Not your keys, not your coins has never been more true.