Exposing Celsius - A Billion Dollar Fraud

ALEX MASHINSKY HAS BEEN ARRESTED!

Good hopefully the victims get some justice now

All the stories are very sad i feel bad that they got so skewed i really do hope it all works out

"... we are one of the least risky businesses...". This guy must be a close relative of Orange Clown. 🤣🤣🤣

I just noticed the Ballmer Peak reference in the bar, very nice.

None of it sounds great. It reeks of scam. Preying on gullible people who don't trust banks and believe in get-rich-quick scams. By the way, you might want to look into "silver stackers." Similar mentality, unreasonable distrust of banks and government.

Anyone notice the common thread within the investor pool you showed?

People need to stop going all in as soon as a new project comes around you should wait and look into the projects you invest in and not put all your money in only put a tiny bit in and see how well that does or if it ends up being shady and rug pulls you then at least you’ll still have your money and think and research before investing in anything otherwise you’ll end up broke and your family will the the ones suffering

There's a wise investing motto to live by "if it seems too good to be true. It's because it most likely is"

Damn, I definitely empathize with the stuntman victim, except I'm even further behind than he is I'm pretty sure.

When will people finally learn that crypto has no real world use case? That 99% of time, its a high-risk scheme to make a small few, very rich? The only way you should ever be involved with crypto/nft's etc.. is when using money you can afford to lose.

Coffeezilla #1 warrior against Christ-hating usurers.

Man I feel stupid, I thought you were talking about the drink.

The robot is so annoying I miss when he just spoke to the camera and gave it to us straight

if youve played runescape since 99 you know how all these ppl feel if you got scammed back then

i mean gj but when you get $wacked i will laugh.

Always knew Celsius was a fraud. Fahrenheit forever baby!

this popped up in my recommended as i’m drinking a celsius

I wonder how much of this monry went to fund the nazis in ukrain

The sheer amount of jews in the crypto space is alarming

oh based on the title i thought it was about the energy drink and i was gonna have to stop drinking my fav one lol

Well they did pay out 80% of revenues - but less than 20% of payouts came from revenues. Got it?

I did not rug her it’s bullshit I did NOTTTT! Oh hi mark

Bro I'm half awake I thought my favorite energy drink got got 😂

Cash Money

So I’m not gonna lie I’m scarred to put my money in a bank or online banking is there anything safe

When I began to start getting interested in crypto in earnest, months to a year before the wheels started falling off, even then I scoffed anytime a multi-billion-dollar corporation told me to give them my money because "they aren't a bank". And yet in order to give them money I have to pay them fees, I have to pay them fees to get my money back, they (ostensibly, though later it turned out they were lying about it) make profit by the same interest rate arbitrage as banks, etc, etc. Anyone who genuinely thought Celsius (or any of the others) were going to treat your money morally differently than any bank would was deluding themselves, fraud notwithstanding. And I say this as someone who lost money myself!

I swear there’s an episode of It’s Always Sunny in Philadelphia with the logic of Celsius:
Dennis: “…thus creating a self sustaining economy”
Mac: “How does a self sustaining economy work?”
Dennis: “I have no idea how the US economy works let alone some sort of self sustaining one”

What kills me with these is like all the investments and donations poured in you could have just built the actual thing instead of a scam

brodie i tjought u were talking about the drink

He still owes me 200… I’ve tried to sue but my lawyer said I’ll spend to much just to get my money back…

Fascinating

I'm one of those folks that heard some of these grand promises and said to myself, to good to be true. As well as wondering in .y skeptical mind, how these promises could actually be reality with such a brand new company. It takes time to make that many loans, and undertake the due diligence to ensure that the promised collateral is actually there. I feel a bit vindicated in my skepticism, but mostly deeply angry that good folk have been so hurt by this, and the other scams Coffee has talked about. Keep up excellent work of uncovering and exposing the scammers.

Anyone that promises you more than a 5% return on your money is likely involved in a Ponzi scheme

I remember the golden years when people were buying NFTS with Celsius. I was 100% sure they gonna get f.cked.

GREED is what makes people to hand money ... deal with it

Is this the same "Celsius" that sells energy drinks?

Im not sure how anyone thought they were going to get 8%. I never got in because it was OBVIOUS.

Greedy people will always give money to “pie in the sky” schemes. No sympathy.

So this isnt related to the energy drink.....

In 700 years no one recieved as much digital assets.

Wait so this guy was getting people to send him their crypto to what like essentially trade it around the market? If that legitimately caught on and that's the case, he could literally run the world, that's scary

I love how he used what he's actually doing but used it to describe these evil corporations and got his money that way... That's like next level sadist

All these crypto schemes are legitimate neocults

I got 5 minutes in before i realized this wasnt the energy drink company

that guy was throwing off body language that he was likely lying

The whole concept of having enough liquidity to cover all of the investments is asinine. Why would a company do that when they can just lend out their money in the first place and keep ALL the interest. Not that I'm in a habit of blaming the victims in these situations

Tbh a lot like spotify's business model. New customers, more investors, more money, bigger company until one day no more customers

A "bank" having a Zoom meeting in T-shirts 🤣

About time they took down that massively fraudulent temperature scale.

LONG LIVE FAHRENHEIT!!