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Celsius Used New Customer Funds to Pay for Withdrawals
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(coindesk.com)
2 points
cbtacy
3y ago
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CmdrLoskene
3y ago
· 1 in thread
I think that's the canonical definition of a Ponzi scheme.
cbtacy
OP
3y ago
Yup. Quite the business plan. Makes you wonder about Cianna Capital, WestCap, Alpha Sigma Capital, gumi Cryptos Capital, Fabric Ventures, and all the others who dumped $998M into what is so obviously a criminal enterprise.
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