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Tuesday, 07/26/2022 4:27:48 PM

Tuesday, July 26, 2022 4:27:48 PM

Post# of 221243
In the same vein as the lottery and throwing money at something hoping (praying) for a windfall......

There is Celsius and their Chapter 11 Bankruptcy.

The letters to the Court from affected Celsius "depositors" are very interesting. Almost all the letters blame Celsius founder and CEO Alex Mashinsky for the failure, and that the company was promoted "like a bank". No doubt it certainly was, but only a few of those writing in have also assigned some of the blame to themselves. Didn't any of these people question the up to 18% yield for doing nothing but putting their crypto in the "earn" accounts? No one questioned that gee, it might not be as risk-free as Mashinsky implied?

You can pretty much replace the word "Celsius" in these letters with the name of any other high-yield Prime Bank scam.

https://cases.stretto.com/Celsius/court-docket/#search

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