Celsius Said It Was Low Risk; Documents Show the Opposite

Jun 30, 2022, 07:00 AM

Celsius, one of the largest crypto lenders, has been under pressure. And people active in the sector have been keeping a watchful eye. The lending giant promoted itself as lower risk but higher reward than traditional banks. But investor documents from last year show Celsius was actually built on risk. WSJ reporter Eliot Brown joins host Julie Chang to discuss the latest insights into Celsius’ business.

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Celsius, one of the largest crypto lenders, has been under pressure. And people active in the sector have been keeping a watchful eye. The lending giant promoted itself as lower risk but higher reward than traditional banks. But investor documents from last year show Celsius was actually built on risk. WSJ reporter Eliot Brown joins host Julie Chang to discuss the latest insights into Celsius’ business.

Learn more about your ad choices. Visit megaphone.fm/adchoices