How Celsius earns yield
Celsius Network - Game Over for CEL?
“„The asset side of the CEL holding is probably worth zero.
“„It is in your hands, honorable judge to make this a different case were not the lawyers, the attorneys, the big corporations and managers get paid out first but the little man, the mom and pop, the college grad, the granny and grandpa — all those many small unsecured creditors — so that they are not like usual at the end of the chain where they lose everything.
“„I purchased my small amount of crypto hoping just to earn enough to help me weather a few years, kind of a safety net,” said Savelle. “Yes, I know, buyer beware but I agree that there has been way too much deception.
“„I believed in all the commercials, social media, and advertising that showed Celsius was a high-yield, low-risk savings account. We were ensured that our funds are safer at Celsius than in a bank. This money is pretty much my life savings ... I hope you can find it in the best interest of all parties involved to pay back the smaller investors first ... before any restructuring occurs.