The US bankruptcy judge Martin Glenn has put the crypto world in a surprise tangle by giving ownership rights to Celsius over investors' assets. Now any exchange will have an excuse to scam investors.
Billion Dollar Scams Question
The possibility of solving the problems of SBF, FTX, Alameda Research, and Gemini or Genesis has also decreased. The court either has to give a different judgement or...
The need for proof-of-keys is increasing
Not your keys, not your coins, but without exchanges, trade will suffer, the crypto market will end, and so will mass adoption.
But... the game is still on
New York's Attorney General Letitia James has again sued Celsius CEO Alex Mashinsky for making false promises to investors. Now the game is moving to court again.
However James is politician, and this is possible, she is playing politics.
