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Re:Founder of crypto lender Celsius Network arrested, charge... by shawndrost on Thursday July 13, 2023 @02:52PM (#36714253)
This is a truly insane apologia for a firm which marketed a banking-like product with risk-free returns of up to 17%.

> Mashinsky explained that Celsius's rates were so much higher than bank deposit rates not because it was riskier than a bank, but because it passed along more of its earnings to customers. “Somebody is lying,” said Mashinsky: “Either the bank is lying or Celsius is lying.”

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