1 min listen
The collapse of Celsius Network
FromFT News Briefing
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Length:
10 minutes
Released:
Sep 19, 2022
Format:
Podcast episode
Description
Markets are increasingly betting on policymakers raising borrowing costs higher and faster, an FT-IGM survey shows economists expect the US central bank will lift its benchmark policy rate above 4 per cent and hold it there beyond 2023, and the market downturn has sparked the longest tech IPO drought in more than 20 years. Plus, the FT’s Kadhim Shubber talks about his investigation into the fall of high flying cryptocurrency lender Celsius Network.Mentioned in this podcast:Central banks set to hit peak rates higher at faster paceFed to keep interest rates above 4% beyond 2023, economists predictMarket downturn brings longest tech IPO drought in decades Inside Celsius: How one of crypto’s biggest lenders ground to a haltAlex Mashinsky took control of Celsius trading strategy months before bankruptcyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Sep 19, 2022
Format:
Podcast episode
Titles in the series (100)
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