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A comment on Founder of crypto lender Celsius Network arrested, charged with fraud. Parent comment

Re:Founder of crypto lender Celsius Network arrested, charge... by vkou on Thursday July 13, 2023 @01:11PM (#36712593)
Let's say that your analogy has zero actual bearing on what actually happened in this situation, and end the conversation there.

He misrepresented Celsius. That's fraud. It doesn't matter if you do it with dollars, bitcoins, scrip, or Pokemon cards.

[ Parent | on HN ]
Re:Founder of crypto lender Celsius Network arrested, charge... by Animats on Thursday July 13, 2023 @01:36PM (#36712977)
> Let's say that your analogy has zero actual bearing on what actually happened in this situation, and end the conversation there.

Yes.

Here's Celsius's web site archived in early 2022.[1] See what they claimed. They went all the way to being a fake bank. In their own words:

"Meet Celsius: a community of over 1 million users that earn up to 17% yield on their crypto. Get paid new coins every week and borrow cash at 1%. Buy coins, earn yield, borrow, and transfer with no fees. Available on web and mobile apps."

[1] https://web.archive.org/web/20220103153602/https://celsius.n...

[ Parent | on HN ]
Re:Founder of crypto lender Celsius Network arrested, charge... by CyberDildonics on Thursday July 13, 2023 @01:50PM (#36713239)
Yes.

What are you answering 'yes' to here?

[ Parent | on HN ]
Re:Founder of crypto lender Celsius Network arrested, charge... by Animats on Thursday July 13, 2023 @03:04PM (#36714411)
Agreeing with "Let's say that your analogy has zero actual bearing on what actually happened in this situation, and end the conversation there."
[ Parent | on HN ]