As the Bitcoin market faced turmoil surrounding the possible bankruptcy of Genesis Trading and Digital Currency Group (DCG), chatter kept surfacing that Michael Saylor’s and MicroStrategy’s Bitcoin be...
Tag: levered
Celsius Lost $350M of Client Funds From ‘High-Risk’ Levered Trading: Arkham Report
The troubled crypto lending firm Celsius reportedly used its customers’ funds worth $534 million to execute “high-risk leveraged crypto trading strategies” through a third-party asset mana...