A profile of Celsius Network, which has been valued at ~$3B and promises up to an 18% annual interest on cryptocurrency deposits, as it attracts SEC scrutiny
Bloomberg : Tweets: @crypto , @bw , @bitfinexed , @cduhaime , and @cduhaime Tweets: @crypto : Crypto-lending firms Celsius, Voyager and Gemini are facing U.S. SEC scrutiny over whether their offerings should be registered as securities https://www.bloomberg.com/... @bw : Celsius promises big rewards if you let it hold your crypto, and regulators are keen to understand what, exactly, it's doing with your coins https://www.bloomberg.com/... @bitfinexed : They're running a Ponzi scam. There. Your question has been answered. https://twitter.com/... Christine Duhaime / @cduhaime : Why aren't Canadian regulators also on the Celsius file? How do I know they're not? Because the investment by Quebec pension fund into Celsius needed a closing opinion to close and what's called “comfort” from all regulators with jurisdiction over crypto across Canada. https://twitter.com/... Christine Duhaime / @cduhaime : Hello Canadian regulators? Celsius, a pay-day type lender of crypto, owned in part by Quebec pension fund, mysteriously is permitted in Canada with no regulatory oversight as payday lender, crypto custodian and deposit taking company. https://twitter.com/...