Celsius was a (high risk) black box hedge fund (

Question

Celsius was a (high risk) black box hedge fund (

that everyone thought was a low risk savings account) https://www.youtube.com/watch?v=INYaLH842J0 S D " black box methods can conceal the true risk of the assets they recommend ... without the facts that they need to accurately assess the risk ...' investopedia

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17.07.2022

10 ответов

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Mike

Yes… but they advertised themselves as a bank! I never realized they were taking these risks with our money. If I had, I would have never deposited my coins there!

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17.07.2022

Justin Case

If they advertised themselves as a bank, that was fraud. Their TOS clearly says they are not a bank. Hopefully that will come out in the court proceedings to bite them badly. I knew that, but made the mistake of depositing there anyway, so that was my mistake that I am dealing with now.

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17.07.2022

Abdullah

Justin Case
If they advertised themselves as a bank, that was ...

That's a given. I think Alex will go down badly with the discoveries that yet to come

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17.07.2022

. . Автор вопроса

Mike
Yes… but they advertised themselves as a bank! I n...

True, me neither, fraud

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17.07.2022