Inside Celsius: how one of crypto’s biggest lenders ground to a halt | Curio

Inside Celsius: how one of crypto’s biggest lenders ground to a halt

19 mins | Jul 20, 2022

The company has now filed for bankruptcy, but what led to this failure? Celsius claimed to be of the ‘most sophisticated’ crypto companies in the world, but internal documents on trading strategies reveal the opposite. Kadhim Shubber and Joshua Oliver explore how the company's reckless pursuit of high returns was what ultimately led it to its downfall.

publisher logo

From Financial Times

Read along