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Judge Martin Glenn said he was “shocked” by the bankrupt lender’s plan to issue the bonuses while withholding information from the public, a move he called “completely unacceptable.”
After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius took a different path, setting up its own wallets to accept donations. But how much was donated?
Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now-bankrupt crypto lender. The influencer says her marketing sponsorship role is no different than doing fashion ads.
Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”