Celsius planned to IPO as Ionic Digital but it’s not going well
Celsius, the crypto lending Ponzi scheme that came to a crashing halt in June of 2022, is currently working its way out of bankruptcy.
Celsius, the crypto lending Ponzi scheme that came to a crashing halt in June of 2022, is currently working its way out of bankruptcy.
Tether has grown its role in the crypto ecosystem, funding projects across different verticals while receiving fewer audits than FTX.
According to the Celsius website, the plan to shutter its app was announced a while ago and can be found in its ‘Plan of Reorganization.’
Several crypto firms including Alameda Research, Blockfolio, Celsius, and Voyager received PPP loans during the pandemic.
Celsius customers are reportedly receiving emails from ‘Stretto Corporate Restructing’ that link to a Seychelles-hosted phishing site.