Crypto lender Celsius propped up its token, benefiting insiders - U.S. bankruptcy examiner

Crypto lender Celsius propped up its token, benefiting insiders - U.S. bankruptcy examiner
SINGAPORE/LONDON, Jan 31 (Reuters) – Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S. court-ordered examiner report released on Tuesday showed. Crypto lenders such as Celsius boomed during the COVID-19 pandemic, drawing depositors […]










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