The quilt of red flags is now on fire.
https://twitter.com/bitfinexed/status/1471105105810411522
None of this is all that surprising to anyone who knows the words “binary options” given the company kept there, and shady characters abound in crypto but were largely forced out / marginalized / conveniently ignored as the industry has may a play for legitimacy.
Celsius is not marginalized. They’re tied at the hip with Tether, the central bank of crypto, and there is a thin DeFi fig lead between them and centralized, ~indisputably legitimate organizations who are now offering crypto “earn” products.
Granted, “thin fig leaf” hasn’t stopped exchanges before, but there is no PM in charge of putting a “Mix your withdrawals here to frustrate law enforcement” button in their first party UI. There is actually a process designed to detect and frustrate that.
This fig leaf has PM.
This fig leaf has PM.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
