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Home Business

Crypto company Celsius spirals toward bankruptcy

CNBC Television by CNBC Television
July 11, 2022
in Business
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Crypto company Celsius spirals toward bankruptcy
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CNBC’s Kate Rooney joins Shep Smith to report on the crypto company Celsius, which is headed towards bankruptcy and leaving customers unable to access their money. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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Do Most business make enough to live off of?

Tags: bankruptcybreaking newsbusiness and financial newsbusiness and financial news todaybusiness newsbusiness news todaybusiness news usa todaycablecable newsCelsiusCNBCCompanyCryptoevening newsforex news todayglobal financial crisisglobal financial newslatest news todayNewsnews stationnews todaynews with shepard smithshepard smithspiralsstock marketstock market news todayus newsworld news
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Comments 34

  1. Luis says:
    3 years ago

    WHAT A BOUT TERRA LUNA LOL

  2. Bitcoin is going to 0 says:
    3 years ago

    bitcon is going to 0 to 0 out of 100 000 cryptos it has the worse and oldest code already 14 years old code in 10 years it will be 24 years code the math dosen t lie what computer program today uses code from 1998

  3. Victor Burnett says:
    3 years ago

    The contradiction of making risky investments to achieve financial stability.

  4. jeek says:
    3 years ago

    🤣🤣🤣🤣 a sukker is born every minute

  5. Lín Huáng says:
    3 years ago

    I'm new to Crypto trading and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade?

  6. Bitcoin Mike says:
    3 years ago

    Getting wealthy with cryptocurrency is very easy you just buy the bottom of a bear market you hold it for a few years then sell but people are even too stupid to do that they give their money to scammers for 5% interest

  7. Christophe Blanchi says:
    3 years ago

    At this point you either have to be a thief or a moron to be in crypto.

  8. DBlock5566 says:
    3 years ago

    when people finally realize that hard earned money is not always spent wisely. i hope you lose it all and learn your lesson.

  9. totalfreedom45 says:
    3 years ago

    1 As of today, 1 July 2022, there are 20,085 cryptos and 514 exchanges. Bad sign!
    2 In seven months Bitcoin has gone down 72%, from $69K to $19K.
    3 This is Bitcoin’s main problem: (1) it consumes about 91 terawatt-hours of electricity annually, which is more than Finland’s consumption, a country of 5.6 million people; (2) it consumes 0.5% of all electricity worldwide. Environmentalists dislike that.
    4 Concerning money, if something sounds too good to be true, it’s a scam. 💕☮🌎🌌

  10. J M says:
    3 years ago

    soo fake it was't 18%… on matic maybe but most coins .5% on btc to 7%on usdc soo fake state controlled media ….

  11. marcus martinez says:
    3 years ago

    #DEX #UNISWAP #DeFi #BNB #ETH If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running bots.

    https://youtube.com/watch?v=ZK2gKuWoG7w

  12. Chris says:
    3 years ago

    LOL

  13. gbostian says:
    3 years ago

    can you spell ponzi?

  14. Rene Asmussen says:
    3 years ago

    The CEO of celcius should go to jail. Simone should sue him

  15. Big Dog says:
    3 years ago

    Haha good job, all these greedy little piggy's wanting 18% on there investment…how stupid can these people be? It looked like a ponzi..smelt like a ponzi..but there greed was to much!! HODL now? Hahaha

  16. nick hurley says:
    3 years ago

    Haha

  17. G_Man says:
    3 years ago

    18% back on deposits?
    Yep that's a blood dripping red flag of a ponzi scheme

  18. Callan Pepper says:
    3 years ago

    I moved all my crypto off the exchanges a few weeks ago to a cold wallet, best decision I’ve made in crypto

  19. Dulla says:
    3 years ago

    CARDANO

  20. PhoboPhobia says:
    3 years ago

    Stop putting crypto on exchanges. Use a cold storage wallet.

  21. Alexander Bichutsky says:
    3 years ago

    This guy from Celsius gonna be killed and found somewhere in the sea

  22. T-Hook says:
    3 years ago

    Those customers probably didn’t watch debate Peter Schiff V Michinski .

  23. Kaizer Souza says:
    3 years ago

    Peter Schiff was right!

  24. Gina Geena says:
    3 years ago

    AEX Smart Pool is online,USDT, BTC, DOGE, LTC. The interest rate hike is 1% for a limited time and the yield is as high as 16.6%
    Some additional rights: GAT interest rate increase by 0.5%, large customer interest rate increase by 0.2%-0.6%
    Benefits exclusively for newbies: AEX financial newbies can enjoy 80% annualized income, the quota is limited, first come first served so get in now and bag this sweet opportunity, I'm already in!!

  25. Caroline Johnson says:
    3 years ago

    Most times it amazes me greatly the way I moved from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

  26. pax und peace says:
    3 years ago

    18% on deposit hahhaha haha

  27. Aagos says:
    3 years ago

    18% returns almost guaranteed, that should have been a red flag smh

  28. Jeff says:
    3 years ago

    "He bought into Celsius? Doomp it."

  29. Ben Lee says:
    3 years ago

    In what universe is guaranteed 18% return not a Ponzi scheme or scam. But this is the unregulated free market, free from government regulations, capital reserve requirements, or disclosure requirements. In this Libertarian utopia, my tax dollars are not bailing you or Celsius out. Enjoy the Freedom.

  30. D K says:
    3 years ago

    Cryptos is the future!!! 🤡🤡🤡😂😂😂😂

  31. Kingsley jam says:
    3 years ago

    In AEX platform the dual investment is amazing. So participating in it yields an income as high as 400%+

  32. Kingsley jam says:
    3 years ago

    In AEX ecosystem if you partake in their dual investment you will be given a bonus income as high as 400%+

  33. Philips Harris says:
    3 years ago

    I want to start investing. Is it safe to start now, or should I wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock,Gold/crypto?

  34. Mr. Memedovski says:
    3 years ago

    Just a reminder, "NO DISCRIMINATION" 🇺🇸
    PEOPLE ARE GETTING THEIR SKIN PEELED OFF OF THEIR BODIES FOR $20 🇨🇦 CURRENCY
    JUST A NON DISCRIMINATORY NOTE FROM THE SUPREME COURTS âš–

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