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Following the release of Celsius' examiner report, Kadhim Shubber, an investigative reporter at The Financial Times, dives into the controversial business practices of the lender, how the company inflated the CEL token, the use of customers' money, and much more.\n\nShow highlights:\n\nhow Celsius used investors\u2019 money to prop up the price of CEL\n\nthe reasons why Celsius inflated the CEL token\n\nwhere the money to pay rewards to investors came from\n\nblatant misstatements from Alex Mashinsky and how his team tried to cover him\n\nhow the company leveraged Bitcoin to fill the hole in its balance sheet\n\nwho was responsible for Celsius' shady business practices\n\nCelsius' poor investment decisions\n\nwhether Mashinsky is at risk of facing criminal charges\n\n\nThank you to our sponsors!\nCrypto.com\n\nGuest\nKadhim:\nTwitter\n\nLinks\n\n\nFinal report of Shoba Pillay, examiner\n\n\nFinancial Times: Crypto lender Celsius misused customer funds for years, examiner finds\n\n\n\nUnchained: 7 Revelations From Celsius\u2019 Examiner Report\n\n\n\nCoinDesk: Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner\n\n\n\nThe Block: Tether denies it borrowed $2B from Celsius, as described in court report\n\n\n\nBlockchain News: Celsius' Official Creditor Committee Denies Rejected Bids\n\n\nRam Ahluwalia\u2019s take on the Celsius bankruptcy examiner report\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices