Independent Examiner Excoriates Celsius as a Ponzi

<p><span style="font-weight: 400;">On today’s episode, NLW breaks down the newly filed report from the Celsius Network bankruptcy court’s independent examiner. The extremely thorough document argues that not only was Celsius engaged in extremely problematic practices, but that numerous employees raised concerns around them. The show also covers the debate around an independent examiner in the FTX case.  </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit</span></em> <a href= "https://consensus.coindesk.com/register/?utm_campaign=thebreakdown&utm_content=c23&utm_medium=marketing&utm_source=podcast&utm_term=organic&utm_id=c23"> <em><span style= "font-weight: 400;">consensus.coindesk.com</span></em></a><em><span style="font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is</span></em> <em><span style="font-weight: 400;">“Swoon” by Falls</span></em><em><span style="font-weight: 400;">. Image credit:</span></em> <em><span style="font-weight: 400;">Malte Mueller/Getty Images</span></em><em><span style= "font-weight: 400;">, modified by CoinDesk. Join the discussion at</span></em> <a href= "http://discord.gg/VrKRrfKCz8"><em><span style= "font-weight: 400;">discord.gg/VrKRrfKCz8</span></em></a><em><span style="font-weight: 400;">.</span></em></p>