News about Ust

by COINS NEWS - 2 years ago

1 Year ago Celsius, offering up to 17% APY, halted withdrawals but just that before execs withdrew $34M from the company. They then filed for bankruptcy leaving 1.7M customers missing $4.7B. Then Mashinsky went selling "Unbankrupt Yourself" t-shirts. I st

Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...

by COINS NEWS - 2 years ago

1 Year ago Celsius, offering up to 17% APY, halted withdrawals but just that before execs withdrew $34M from the company. They then filed for bankruptcy leaving 1.7M customers missing $4.7B. Then Mashinsky went selling "Unbankrupt Yourself" t-shirts. I st

Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...

More / Bitcoin Reddit - 2 years ago

Genuine question around custody

I understand I may be in the insane minority here, but I actively DCA into BTC without having the ideology behind it. I don’t mind who holds my BTC, as I’ve never had any trust issues with larger institutions. I invest in the value of BTC more than t...