Celsius Investors Warned of “Rug Pull” Following Crypto Rise
Reading Time: 2 minutes Celsius creditors have received a warning about a potential “rug pull” if Bitcoin and Ethereum reach certain price points Similar to the MtGox incident in 2017, the increasing value of company-held assets could be used to settle USD claims, retaining other assets Creditors are urging swift crypto payouts to preempt the bankruptcy court from ordering such payouts at elevated asset valuations…
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