🆕 Former Celsius CEO Alex Mashinsky has now received a permanent CFTC ban after the collapse of Celsius, which left roughly $4.7 billion in customer assets trapped. He was also sentenced to 12 years in prison after pleading guilty to fraud.
What makes this story memorable isn't just the numbers. Even as losses piled up, users were still being told their assets were safe and earning rewards. Crypto has changed a lot since 2022, but the lesson remains the same: don't just ask how much yield a platform offers. Ask where it comes from, how it works, and whether the risks are transparent.
🤖 At BoBe, we've always believed transparency and sustainable execution matter more than chasing the highest numbers on the screen.