Celsius was once a $28 billion empire — it collapsed 88% this year
Celsius once had $28.6 billion in assets under management. This weekend, it suspended withdrawals indefinitely.
Celsius once had $28.6 billion in assets under management. This weekend, it suspended withdrawals indefinitely.
Rumors of Celsius insolvency circulated over the weekend. Now, it’s gone into full HODL mode… but it’s still advertising 18.6% yields.
After the collapse of Do Kwon’s “20% APY” Anchor protocol, attention is turning to those who did business with Kwon. Step forward Celsius.
Celsius Network lost $54 million worth of Bitcoin in the BadgerDAO hack. Insiders questioned why it used MetaMask to handle client funds.
Celsius Network’s chief financial officer was recently arrested in Tel Aviv over alleged ties to embattled crypto mogul Moshe Hogeg.