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CryptoGirls podcast hosts Sophie & Nikita take a deep dive into the 2022 Celsius bankruptcy - one of the many bankruptcies in 2022 that shook the crypto industry and sent token prices plummeting.

Timestamps 💙
1:25 - What was Celsius?
3:10 - Alex Mashinsky
3:30 - How did Celsius work?
8:35 - Alex Mashinsky's past in VOIP, GroundLink
13:35 - Parallels to "The CryptoQueen", Dr. Ruja Ignatova (for our true crime lovers, we recommend the BBC's podcast https://www.bbc.co.uk/sounds/brand/p0...)
15:26 - How did Celsius actually collapse? Timeline explained.
21:30 - Celsius's terms of use
25:09 - New Zealand's bank insurance scheme
26:00 - Why don't traditional banks offer higher yields on customer deposits?
32:09 - What's happening now w.r.t. Celsius - bankruptcy proceedings
39.15 - Big investors vs. small investors, referencing BitBoy and Simon Dixon

💻 Blog: https://cryptogirlshq.com/blog/we-lov...
💌 Newsletter: https://cryptogirlshq.com/newsletter-...
📸 Instagram: @cryptogirlshq

Lots of love!!

CGHQ xx

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