Category: Uncollateralized Loans

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices

The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe investment with high returns. Bankrupt Crypto Lender Celsius Accused by SEC of…
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BlockFi had $1.8B in outstanding loans in Q2: Report

Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022, and shared how it is managing liquidity and credit risk. Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors…
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