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