The lawsuit accuses the ex-CEO of the cryptocurrency lender of creating many false claims in regards to the variety of Celsius customers, its methods to recruit traders and the character of what it was investing in, claiming its cash went to protected, low-risk investments with dependable companies. The swimsuit additionally accused him of incorrectly asserting that Celsius had been safer than a financial institution, although it operated with out the everyday regulatory safeguards that go along with banking within the U.S.
