Jul 17, 2022 • 31M

The Celsius Bankruptcy Filing

 
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Max Resnick and Anthony Lee Zhang talk about the latest happenings in defi!
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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!