Celsius Network (CEL) for Equitable Interest Attracts SEC Probe General Counsel Appointed

• Low-cost lending, high-interest yield business model
• General Counsel from “Paul, Weiss” the Corporate Law Firm
• Thoughtful and Cultured Celsius Leadership
• CEL introducing Financial Freedom Through Crypto
• Safe and fair rewarding opportunities
• Financial freedom Without Price Tag

Celsius network is all proud to make possible a platform with curated services which big banks have abandoned.  The company has been following low-cost lending, high-interest yield business model, which plays a major role in propelling the company’s growth.

They are providing basic stuff that everyone will benefit from like equitable interest, zero fees, and lightning-quick transactions. They are already disrupting the financial industry.  They are creating one happy user at a time and are doing all it takes to introduce financial freedom through crypto.

Celsius Network being a private company has more than $20 billion in deposits.  Celsius has attracted investor excitement and trust. They have more than 2 million community members and they have processed $8.2 billion in loans. The company has more than 200 employees globally, working in offices in New Jersey, London, Tel Aviv, Cyprus, and Serbia.

With regulatory guidelines becoming creepy like that of the Biden administration executive order, Celsius are bolstering their legal department with hires from “Corporate Law Firms.”

Government is keen about exploring the risks and benefits of cryptocurrencies – consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion and responsible innovation and a possible digital version of the dollar.

Ron Deutsch is the General Counsel for Celsius from “Paul, Weiss” the Corporate Law Firm.  Mr. Deutsch was formerly a mergers and acquisitions attorney at the New York-based law firm Paul Weiss. Celsius Network has also hired a number of other in-house counsel from Paul Weiss.

CEO of Celsius Network Alex Mashinksy:  “Ron is just another example of how Celsius is adding experts from every industry who care about doing good, and then doing well, to help execute on our vision with the best in the business.”

Reportedly, Crypto lending firms like Celsius Network, Voyager Digital, and Gemini Trust, are part of an SEC probe. The scrutiny is attracted due to the high yield these companies pay to customers. Since the crypto lending accounts are not insured or regulated customers run the risk of losing all funds, which is a concern for government.

Several states in the US have also been threatening to push CEL out of business.

Tal Bentov, Vice President of Lending at Celsius has been with the network as they were building the lending product from ground up. Currently, she leads a global team of innovators who build, run and provide personalized services for Celsius lending products and services.  Her focus is to create the next generation of financial services that is safe and fair providing rewarding opportunities for all individuals.

Tushar Nadkarni, Chief Growth & Product Officer at Celsius, oversees Celsius Product, Growth, Marketing, Communications and Partnerships Teams globally.

At Celsius, they are focusing on creating an “Economy where financial freedom doesn’t come with a price tag. Celsius focuses on putting the interests of people first. With some ethical behaviour like humanity and honesty and the power of digital currency they are ushering the new economy, thus providing opportunity for everyone – meaning everyone.”