DeltaFX Broker: No Regulation Exposed
DeltaFX Broker: No Regulation Exposed risks, scams & blocked withdrawals with zero oversight. High fraud exposure—read full review now!
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Celsius Network hires advisors to prepare for potential bankruptcy – WSJ
Abstract： Celsius Network LLC has hired restructuring consultants from advisory firm Alvarez & Marsal to advise on a possible bankruptcy filing, the Wall Street Journal reported https://www.wsj.com/amp/articles/celsius-network-taps-more-advisers-to-prepare-for-potential-bankruptcy-11656088078?mod=Searchresults_pos1&page=1 on Friday, citing people familiar with the matter.
The New Jersey-based cryptocurrency lending company froze withdrawals and transfers earlier this month due to “extreme” market conditions, in the latest sign of the financial market downturn hitting the cryptosphere.
A separate report from CoinDesk said https://www.coindesk.com/business/2022/06/24/goldman-sachs-raising-funds-to-buy-celsius-assets-sources on Friday that Wall Street bank Goldman Sachs was looking to raise $2 billion from investors to buy distressed assets from Celsius.
The proposed deal would allow investors to buy the assets at potentially big discounts if the cryptocurrency lender files for bankruptcy, according to the report, which cited two people familiar with the matter.
Celsius had $11.8 billion in assets as of last month. The company and Alvarez & Marsal did not immediately respond to Reuters requests for comment.
The market for digital assets has in recent months been roiled by extreme volatility as investors dump risky assets on fears that aggressive interest rate hikes to tame stubborn inflation could plunge the economy into recession.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Errante Review: Is It a Reliable or Shady Broker?
Errante presents itself as a regulated forex broker with multiple platforms and instruments. However, user complaints about withdrawals and account issues raise red flags despite its licenses. Our analysis delves into its compliance, features, and risks to determine whether it’s reliable or shady.
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INVESTIZO Review: Profit Cancellation Claims, Withdrawal Denials & Poor Customer Support
Have you experienced illegitimate profit cancellations by INVESTIZO, a Saint Vincent and the Grenadines-based forex broker? Did the broker deduct unfair amounts in the name of a dividend or swap adjustment? Was your trading account frozen because the broker let someone trade on your behalf? Facing withdrawal blocks and no response from the customer support team to your queries? Many traders have highlighted these alleged forex trading activities online. It’s time we take a close look at some complaints through this INVESTIZO review article. Keep reading!
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Mazi Finance Comprehensive Review: A Deep Look into Trader Warnings and Risks
Mazi Finance is a trading company registered in Saint Lucia, an offshore location. Recently, it has received a lot of attention in the trading world. The company shows off many modern trading features, but when we look closer, we find many potential dangers. Before any trader thinks about opening an account, they need to understand the most important finding from our research: Mazi Finance does not have proper regulation. This single fact creates major warning signs about whether client capital is safe.
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