Why did Quebec's $303 billion pension fund write off Celsius Network?

Get new users downloading your project releases today! Quebec's $303 billion pension manager has written off its stake in bankrupt cryptocurrency lender Celsius Network, with its chief executive officer conceding the fund invested "too soon" in the sector.

Why did the Caisse defend Celsius?

The Caisse initially defended Celsius when the company halted transactions on June 13. “Celsius is taking proactive action to uphold its obligations to its customers and has honoured its obligation to its customers to date,” spokesperson Kate Monfette said.

What did the Caisse de depot et placement du Quebec invest in?

From a report: Charles Emond, CEO of the Caisse de Depot et Placement du Quebec, spoke publicly for the first time Wednesday about the fund's decision last year to invest $150 million in Celsius. He described the crypto industry as a sector "in transition" but defended the work done by CDPQ's staff.

What is Cassius quote?

Cassius Quotes An itching palm Masters of their fates The fault, dear Brutus, is not in our stars Popular Quotes See all What's in a name? That which we call a rose Tomorrow, and tomorrow, and tomorrow The lady doth protest too much