Crypto firm Celsius' business model different from what it advertised: US bankruptcy examiner

Crypto firm Celsius' business model different from what it advertised: US bankruptcy examiner

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration

The business model that crypto firm Celsius Network had advertised and sold to its customers was not the business it actually operated, a US court-ordered examiner report released on Tuesday showed.

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