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…
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Ripple IPO is Coming Up: Will it Be the Catalyst to XRP Bullrun?
Ripple's IPO could happen within the next year. Brad Garlinghouse, the Ripple CEO, made this massive announcement while speaking at the World Economic Forum in Davos. The industry executive told a crowd at the Wall Street Journal event that an initial public offering (IPO) is a "natural evolution" for the company. The World Economic Forum is one of the world's most critical financial gatherings, and Ripple sponsors the event. While speaking there, the CEO opined that IPOs would be more…
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