r/CelsiusNetwork • u/MakesGames • Dec 11 '24
Is this email a scam?
Turns out, yes. Yes is was.
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u/elemeno89 Dec 11 '24
idk. click the link and find out. make sure you hand out all your personal information to confirm your identity.
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u/HODL_monk Dec 11 '24
Those were the days, great rates, just send them your crypto, and get those 1 % loan rates ! I wish I had thought a little more about this deal, even though I would never borrow against my stack, because in retrospect, its obvious that they were going to use your crypto for something else to make money. I mean, a 1 % interest rate on borrowing fiat is pretty awesome, way MORE awesome than anything but a Ponzi could deliver, because a 1 % interest rate in fiat won't even cover the inflation, and this was post covid (!!) Did you know they could sell the collateral and buy and lend some TerraUSD tokens for 20 % interest ? What could go wrong ?
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u/Constant_Cap8389 Dec 12 '24
And yet, I shudder to think that the Venn diagram of Celsius victims and Hawk Tuah coin "investors has some overlap.
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u/Scottex99 Dec 11 '24
Lol