.CelsiusNetwork has paused all withdrawals due to extreme market conditions
that rumors of users being unable to withdraw funds were"FUD and misinformation." In a separate tweet, Mashinsky wrote that he had many enemies because he was winning., Celsius users started complaining en masse about withdrawal issues following the collapse of Terra in early May. However, the company assured its customers that their funds were safe. Hindenburg Research founder Nathan Anderson.
Celsius had more than two million customers and $11.8 billion worth of assets under management as of May 17. The Celsius news has exacerbated the market rout, with Bitcoin, the largest cryptocurrency, revisiting the $25,000 level.
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