Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model
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Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvYzE0ZDlkYmMtZjI5Ni00ODNiLThhOGEtYjMwZDNmNmE5OTI3LmpwZw==.jpg"></p><p>A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes. </p>



https://cointelegraph.com/news/contagion...isky-model
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