Celsius is essentially a corrupt bank that did all the corrupt things banks usually do, just in an unregulated space. This is only tangentially related to crypto...the entire premise of crypto revolves around decentralization and self-custody to get away from these corrupt institutions and their scams. It does seem a lot of people didn't get that memo.

Incidentally: the guy who founded the company was one of (((them))), so this was completely predictable.