Celsius Network vs Lido (Lido Labs)

Celsius Network was a crypto lending and yield platform that froze customer withdrawals in June 2022 and filed for Chapter 11 bankruptcy weeks later; founder Alex Mashinsky pleaded guilty to fraud and was sentenced to 12 years.

Blockchain / Crypto

Lido (Lido Labs)

Operates the largest Ethereum liquid-staking protocol, issuing the stETH token via the Lido DAO.

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