Celsius Confesses Not Having Earned Enough Revenue to Support Yields Being Paid to Investors

  Celsius Confesses that Business Never Made Sufficiently Revenue to Fund Yields.   The Vermont Department of Financial Regulation has accused Celsius of running a Ponzi scheme. The financial watchdog said that the crypto lender has been insolvent since 2019. In a bombshell new filing, the Department said that Celsius was “effectively insolvent” and that […]The post Celsius Confesses Not Having Earned Enough Revenue to Support Yields Being Paid to Investors first appeared on The Crypto Basic.