Celsius - CEL Token

Why Celsius Fell Apart

YouTube video


Unbank yourself – not a great plan in hindsight

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🎶 Music: https://www.youtube.com/watch?v=nMSQ1yoPT2c&list=PL4qw3AkxFDSNhEgawXD1j6r0iN1072XIB&index=1
Credits:
3D Artist: Ed Leszczynski https://twitter.com/LeszczynskiEd
Video Editor: Harry Bagg https://twitter.com/HarryRBagg
Virtual Production Software: Aximmetry https://aximmetry.com/

This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch.

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20 Comments

  1. As hard as I tried, I couldn’t even fit everything in this video, as long as it is… so here’s EVEN MORE DETAIL FOR THOSE INTERESTED!

    Alex Mashinsky’s Connections to Past Rugpulls–
    Alex has some strange connections to prior failed ICOs, that look like RUGPULLS. This was reported initially by Dirty Bubble Media: Basically the story goes that Alex has an NFT twitter profile that proves his ownership of this wallet: 0xc33192B79AD149b05169516A8aF2adc6e1E08EF6
    This wallet is then connected to an account that dumped a bunch of ICO coins from companies he previously advised on—SIRIN LABS and MICROMONEY.

    But it doesn’t stop there, some of the sketchy hires we discuss in this video, like the ones arrested for money laundering are CONNECTED to these past rugpulls, as explained by UpperEchelonGamers.(linked in description)

    stETH/ETH liquidity issues:
    Not to be confused with the Stakehound situation, Celsius had further issues with an ETH2.0 derivative on DEFI pools where they found themselves stuck either keeping their staked ETH2 or selling a derivative worth less. Linked:
    https://www.coindesk.com/markets/2022/06/14/staked-ether-becomes-focus-of-crypto-stress-from-celsius-to-three-arrows/?outputType=amp

    Let me know what you think of longer videos like this!

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