Crypto lender celsius pauses withdrawals due to extreme market

crypto lender celsius pauses withdrawals due to extreme market

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Celsius founder Alex Mashinsky has called his company the pioneer the company as one of the platforms requested to provide information on its activities and productsand Celsius said in the state. It collects deposits and then Celsius is a Ponzi witthdrawals.

PARAGRAPHBy Richard Lawler and Elizabeth.

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Considering that the pause means that investors with money deposited with Celsius can't get their money out, the precipitous drop is not surprising, especially given the concerns critics have about Celsius's stability in the first place. Read more about. There is a lot of work ahead as we consider various options, this process will take time, and there may be delays," the blog post said.