20M$,
100-110, no ! 570M$ of binance shitcoin created out of nothing
Also that Quebec pension fund investment thing is gross incompetence. The fact they are saying due diligence doesnt guarantee success is just them trying to protect their own jobs because if the public knew how much of a shitshow the whole investment was (there was no due diligence done btw) they would be pissed as heck.
I can explain the whole Celcius business model in less than 5 minutes to anyone that doesnt know anything about crypto. Its not a business model you want to invest in, unless
1-You plan to fuck everyone and sell before it falls apart
2-You are dumb as a rock and so is higher management and all the risk desk and all the investment teams, demonstrating criminal and gross incompetence that violate their personal fiduciary duties
OR
3-You invest because the people running the show (who have criminal backgrounds and have done scams in the past) give you A FAT BRIBE no one will ever know about.
I feel option 3 is the least bad one.
If anyone wants to have fun going through 15000 pages of transactions and user balances go for it :
https://ia601401.us.archive.org/28/items/celsius/celsius.pdfAll the insiders sold and made bank