Celsius’ compensation is 40 times worse than the break-even rate
When the funds are returned to the creditors, the bankrupt platform's CEL token might be valued at $0.2.
It is certainly better than nothing, but clearly not enough. Before the platform's collapse, CEL was trading higher than $8. Even after the bankruptcy, you can find people willing to buy CEL at $0.5 on the open market.
The problem is that the ordinary users' tokens were stored custodially with Celsius. Simply put, it's 12 o'clock and the customers' carriage has just turned into a pumpkin.
The problem is that the ordinary users' tokens were stored custodially with Celsius. Simply put, it's 12 o'clock and the customers' carriage has just turned into a pumpkin.
