Crypto company Celsius had nearly $2 million customers and $12 billion in deposits in June before freezing accounts, blaming market conditions and then filing for bankruptcy. CNBC’s Kate Rooney talks to former Celsius leaders about the decision in 2019 that led to the company’s downfall.
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Those "billions" didn't exist.
It fixed
Remember when crypto was the currency of the future🤣
Scam maybe?
They should do is just be like the same as a bank just with bitcoin and just have an lottery that happens which people can buy into that takes place within the company
what a shock that crypto companies were manipulating the price of digital coins…who could have seen this coming ????!!!!!! If you can't trust the crypto currency market, then what else is left ????
Decentralization. No regulation. Is this not what you wanted?
Are you not entertained? Is this not why you were here?
Lol.
So….. Hitler was right?
These are the elite just playing with your money. There is a common thread that runs through the new liberal world order.
Lmao, people were warned and now they act like it isn't fair when they knew the risk?
Isn’t insider trading illegal? Can the exec team be held responsible?! They lost customers millions of dollars. Crypto is risky but the risk grows even more when execs secretly have their hand in the cookie jar for their own gain.
Annnnnnd it's gone!
LOL 17% APY. lol no one saw this coming idiots… Just as bad as people who bought doge.
That's what money does makes people greedy even worse with crypto . I'm glad I don't do crypto . People who do cryptocurrency are greedy . 24 “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.
Will the markets ever get better?
Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Anika Hobson which has made me almost 9.5 on a 2 btc Trade capital over the last 3 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.
He was dodgy from the start ….
That's sad. But I got some solid company like Origin Protocol. They are exceptional when it comes to crypto space