, with its court filings showing a $1.2 billion black hole in its finances. Celsius was a crypto trading and loan company that at one point boasted over $5 billion in 'assets'. It was only founded in 2017 but rapidly attracted crypto traders and speculators: you could deposit crypto with Celsius with the promise of high-yield returns, or take out a cash loan secured against your crypto holdings.
I'll take you into the weeds in a moment but, of all the legalese and claims to come, here is the single most important line In this context Celsius and its representatives are accused of, among other things,"representations as to the company’s ability to meet its obligations and to safeguard customer assets, when in fact Celsius lacked sufficient assets to repay its obligations at the time such statements were made."
Source: Gaming Daily Report (gamingdailyreport.net)
All crypto related stuff is a Ponzi Scheme. Look at how easily China toppled it so they can turn around later and make it boom again to turn all the Millions of crypto they stole at the cost of Pennies, into billions.
Theres an overwatch streamer called Fran who did this sort of scam
If it sounds like a goose and steps like a goose, it's probably funding Nazis via dark money.
Well its definitely not pc gaming
or it could be a drake, stop presuming gender...
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