4 min read.Updated: 24 Jul 2022, 05:42 PM ISTAngus Loten, The Wall Street Journal
‘Whatever doesn’t work is going to get washed out, and money is going to go into new investments,’ one VC says
The downfall of Celsius Network LLC last week may be a harbinger of things to come for other troubled cryptocurrency startups, whose backers appear reluctant to prop them up with emergency funds, investors and analysts say.
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