Reckless Greed | The Celsius Bankruptcy Explained

Описание: In this video we go over the recent bankruptcy filings of failed crypto lender Celsius. The collapse of Celsius serves as a cautionary tale to all investors. If lend your money to an unregulated crypto platform, you might as well be putting your money into a casino.

Sign up to our daily newsletter for free: https://wallstreetmillennial.com/news...

Email us: [email protected]

Support us on Patreon: https://www.patreon.com/WallStreetMil...

Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d...

0:00 - 1:06 Intro
1:07 - 2:55 Business model
2:56 - 5:00 Collapse
5:01 - 5:41 Bank run
5:42 - 8:18 Insolvency
8:19 - 10:52 Ponzi scheme?
10:53 - 12:42 CEL token manipulation
12:43 Be careful!

All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.

#Wallstreetmillennial #celsius #crypto

––––––––––––––––––––––––––––––
Buddha by Kontekst   / kontekstmusic  
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library    • Buddha – Kontekst (No Copyright Music)  
––––––––––––––––––––––––––––––