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…
Vitae Token Fraud
Vitae Coin Founders Arrested Over Alleged Crypto Scam
Belgium authorities have arrested Vitae executives suspected of an alleged crypto scam that saw over 220,000 investors lose their money. Seven properties were raided across East and West Flanders and Limburg. In addition, virtue currency totaling more than 1 million in Euros and luxury cars have allegedly been seized by Mendy Z. and Shrage P., the executives. The Rise of Vitae Token Fraud In early 2018 Vitae Token started as Vitae Coin. It was rapidly renamed and promoted by the…
2 years ago 1.5 k views