Bankrupt Crypto Lender Celsius Strikes Back

Published on
August 24th, 2022
44 minutes

Bankrupt Crypto Lender Celsius Strikes Back

Crypto Daily Briefing ·
Featuring Ben Whitby, Jim McDonald, Ash Bennington and Nicolas Brugge

Published on: August 24th, 2022 • Duration: 44 minutes

Celsius, the poster child for crypto winter, sued its former custodian Prime Trust and countersued its former money manager KeyFi, as it tries to claw back funds pursuant to its restructuring process. In today’s Real Vision Crypto Daily Briefing, Nico Brugge and Ash Bennington talk about the impact of litigation on retail investors with money locked on the Celsius platform. They also discuss a report that Samsung Securities is planning to launch a crypto exchange in South Korea. And, in today’s feature segment, Nico and Ash break out the major points from a conversation about the Ethereum Merge between Ben Whitby, who runs compliance at Qredo, and Jim McDonald, the chief technology officer at ETH staking service Attestant. We want to hear from you – please share your questions in the chat.