Following the release of Celsius’ examiner report, Kadhim Shubber, an investigative reporter at The Financial Times, dives into the controversial business practices of the lender, how the company inflated the CEL token, the use of customers’ money, and much more.

Show highlights:

  • how Celsius used investors’ money to prop up the price of CEL
  • the reasons why Celsius inflated the CEL token
  • where the money to pay rewards to investors came from
  • blatant misstatements from Alex Mashinsky and how his team tried to cover him
  • how the company leveraged Bitcoin to fill the hole in its balance sheet
  • who was responsible for Celsius’ shady business practices
  • Celsius’ poor investment decisions
  • whether Mashinsky is at risk of facing criminal charges

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