Risky business: Celsius crisis and the hated accredited investor laws

Published 06/21/2022, 09:39 AM
Updated 06/21/2022, 10:00 AM
Risky business: Celsius crisis and the hated accredited investor laws

Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut off access to U.S. citizens who were not accredited investors, many cried foul.

Did it help some users avoid the current crisis? Or do accredited investor laws go too far in saving users from themselves and from profits, too?

Celsians were affected negatively or positively by accredited investors laws, depending on your perspective.

Papers, please

Scenes outside of Celsius HQ last week. Source: Wikimedia
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