Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk

June 23, 2022 Jeannine Cruz

” It does not matter if youre a remarkable CeFi financing platform, taking these retail deposits and providing them out the back end and offering them yield, or an awful one, theyre all going to get kind of dragged down,” Klippsten stated in a special interview with Cointelegraph. Considering that then, other crypto firms, including Babel Finance and Three Arrow Capital, have experienced liquidity problems. Klippsten is rather hesitant that Celsius will be able to totally compensate users who are presently unable to access their funds on the platform.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

CLAIM YOUR SEAT!

Jeannine Cruz

Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.