A father of three in Australia wrote he had "his life savings in a Celsius earn account", and that he'd also convinced his father to deposit cryptocurrency assets into Celsius as a "safe haven".
Ms White was also struck by how many letters specifically cited Mr Mashinsky, and his online persona. But Claire said she struggled to find a job in the field and when trying to start her own businesses, found that Australian banks wouldn't lend to her due to a lack of local credit history.
Why am I not surprised...ponzi.
“Investors left with nothing as cryptocurrency giant Celsius goes bankrupt”. If it looks too good to be true, it probably is not. We only have to look back at ‘Pyramid’ in Victoria, that left many depositors with large losses.
Just like NFT, big scam
Yeah when they were offering a yields of 17 per cent. For something that can go up and down within a blink of an eye. Of cause they were going to go bankruptcy. Sad part is that the big end would had gotten their money it just everyday joe that would had lost it all.
R_Chirgwin Careful, you’ll make AlanKohler upset if you keep saying cryptobros are scammers
Hurrah for Can Do Capitalism. On display again.
I am AMAZED that an 'asset' with no underlying backing or government support folded.
Sounds like the incompetent, right wing Reserve Bank. Sace oil, gas and big. Orporations and destroy ordinary Australians. Tax theses scum
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