Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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A deep-dive into crypto trainwreck Celsius.
If you’ve been following the case closely, most of the facts here won’t be a surprise to you. Hearing from the people who put their money into Celsius, around 15:24, is the stand-out here: people who lost money saved from years of work, and one person who couldn’t put a down payment on a house because his funds were locked in Celsius.
Bad actors prey on hope. Be careful when someone tells you what you want to hear.
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