In the first episode of the (provisionally titled) Not Investing Advice podcast, Max Resnick and Anthony Lee Zhang talk about the Celsius bankruptcy. How did Celsius become worth negative 1.2 billion USD? We discuss the cultures of tech versus finance, collateralized lending and smart contracts, OTC desks, price impact and fire sales in crypto, and other topics!
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The Celsius Bankruptcy Filing
anthonyleezhang.substack.com
The Celsius Bankruptcy Filing
Jul 17, 2022
The Celsius Bankruptcy Filing