Crypto clients beg for their cash back after lender’s crash

Published by
AFP

Washington (AFP) – An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow’s lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.¬† Hundreds of letters have poured in to the judge overseeing the firm’s multi-billion-dollar bankruptcy and they are heavy with anger, shame, desperation and, frequently, regret. “I knew there were risks,” said a client whose letter was unsigned. “It seemed a worthwhile risk.” Celsius and its CEO Alex Mashinsky had billed the platform as a safe place for people to depos…

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