Celsius planning for
IOU crypto Launch?
Celsius planning for
IOU crypto Launch?
What is Celsius Netwok?
What is Celsius Netwok?
Celsius is one of the largest crypto lending platform that filed for bankruptcy in 2022 after freezing withdrawals
What is IOU Crypto?
What is IOU Crypto?
IOU is short term for I owe you. A practice which has been done in past by crypto projects to allocate funds to users before the actual allocation
What's the news?
What's the news?
Acc. to the leaked audio provided by Celsius customer. Celsius allegedly wants to create an IOU cryptocurrency to pay back the clients
What does it mean?
What does it mean?
Celsius wants to create “wrapped tokens” that represents a ratio of what customers owed and what
the
firm has left on its balance sheet
How does IOU help?
How does IOU help?
If Celsius customers hold on
to their tokens there’s a possibility that the financial loss could be mitigated.
Who was in the Audio?
Who was in the Audio?
The audio allegedly features Celsius co-founder Nuke Goldstein and the company’s chief technology officer Guillermo Bodnar.
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