An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
UEFA Champions League
Crypto.com Backtracks on $495B UEFA Champions League Sponsorship Deal
Prolific sports investor and crypto firm Crypto.com has reneged on a $500 billion sponsorship contract with the UEFA Champions league. Crypto.com had previously stepped up as an investor when the Union of European Football Association (UEFA) dropped its principal sponsor, Gazprom. At the time, UEFA had cited Gazprom's affiliation with Russia as its reason for the drop. Consequently, Crypto.com stepped up to bag in a deal that would last 5 seasons. The supposed contract would cost approximately $100 million annually…
5 months ago 
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