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Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Retail crypto borrowers are filing objections to Celsius Network’s bankruptcy reorganization plan, arguing it unfairly favors institutional lenders over retail clients like himself. Johan Bronge, an angel investor who took out several bitcoin-backed loans from Celsius before its bankruptcy, said in a letter to the court that the plan allows institutional lenders to repay their […] The post Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias appeared first on CryptoSlate. дальше »

2023-9-21 09:42


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Retail crypto investment trends and attitudes – EndoTech key findings

EndoTech recently conducted a survey amid the ongoing crypto winter to evaluate the various crypto investment trends. The survey comes at the height of regulatory uncertainties and an elongated crypto winter against the backdrop of several well-publicized crypto failures of firms like Voyager which held a takeover auction in September, Three Arrows Capital, and Celsius. дальше »

2022-10-13 00:53


CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S.

Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released a public announcement that new funds supplied – even from existing accounts – into Celsius’ platform would no longer be eligible to earn yield unless they are accredited investors. дальше »

2022-4-13 03:15