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Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says

"... [A]t least at some points in time, yields to existing investors were probably being paid with the assets of new investors."

Updated May 11, 2023, 5:09 p.m. Published Sep 7, 2022, 2:22 p.m.
Celsius CEO Alex Mashinsky (CoinDesk)
Celsius CEO Alex Mashinsky (CoinDesk)