Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt

Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.

Source: https://www.coindesk.com/bad-loans-bad-bets-bad-blood-how-crypto-lender-cred-really-went-bankrupt

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