that stuff...just disclose it...and let ppl decide if they want to be a part of it. if you have a hole, then how the heck were you paying out all those yields???
Well Alex said in AMAs they don't do directional trading and his disclosure says they do...so you decide
In the most summarized way, @Mashinsky gambled our money. The profit went into his pocket, while the loss went to the liabilities of the balance sheet. If you look at the Reward Explorer, he withdrew the funds in Celsius much earlier, sometime in March 2022
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