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Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by yieldcrv on Thursday October 06, 2022 @04:04PM (#33113337)
that copypasta you found has nothing to do with the asset involved…..

it is not likely what Celsius did was legal (or consequence free via the legal system) , so that has nothing to do with the matter that their company held crypto assets

adding clearer fiduciary duties to company’s that hold crypto assets is entirely possible and so also has nothing to do with crypto

Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by jedberg on Thursday October 06, 2022 @04:07PM (#33113371)
Not sure why you're calling it copy pasta given that I wrote it.

But it does have to do with crypto, because the company involved was holding crypto like a bank, but aren't regulated like a bank because it was crypto.

Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by yieldcrv on Thursday October 06, 2022 @04:28PM (#33113643)
I'm calling it copypasta because your response wasn't specifically about Celsius, it was looking for a reason to write your pre-existing beliefs about the entire asset class in a place where it wasn't relevant. A lot of people do this, but one of the bigger problems is that it lets poorly run companies get a free pass on bad business practices. "Our unscrupulous behavior won't matter because people will conflate it with crypto. They won't apply scrutiny to us, they'll just try to reduce access"