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The Downfall of Celsius Network: A Tale of Market Manipulation and Mismanagement in Crypto

2024-03-07
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The Downfall of Celsius Network: A Tale of Market Manipulation and Mismanagement in Crypto

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Content Description

Celsius Network's collapse under founder Alex Mashinsky highlights the risks of manipulation in the cryptocurrency market. Once managing $25 billion in assets and offering high-interest rates, Celsius faltered post-Terra Luna's collapse, leading to bankruptcy and $4.7 billion in entangled customer assets.

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