According to the embattled platform's own website, "1.7 million people call Celsius their home for crypto" — a stark indication of the impact the current suspension could have.
There have been some in the crypto space who have been openly critical of Celsius for some time. One of them, Mike Alfred, wrote last month: Celsius Network is a big player in the crypto world, and managed to raise $750 million during an oversubscribed funding round last November. The company claimed it commanded a valuation of $3.5 billion at the time, a figure that's guaranteed to have fallen since.Celsius Network allows crypto investors to save their crypto and claims to offer annual percentage yields as high as 18.63% — with interest paid weekly. These deposits are then lent out to others.
And of course, the Celsius Network's suspension comes as major cryptocurrencies including Bitcoin and Ether suffer sharp selloffs.
stETH 😕
Perhaps they are a ponzi scheme haven’t got enough money to pay out to their customers
Celsius V 2.0 is coming soon
celsius rn
WikiCatCoin wkc WikiCatIsOurs
WikiCatCoin wikicat wkc wikicatisours binance cz_binance
Another one bites the dusts
So theyr broken
Disappointing to say the least.
What's the safer sides of the coins?
GoldenSparrowToken
everyone had their knickers in a twist when maxkeiser called out Celsius for being a scam. the turkeys were being fed everyday and thinking these humans are so nice. then came christmas and all was revealed. bitcoin maxis were right ponzi celsius mashinsky shitcoins
Exit scam not liquidity for all user
100 % legit coin GoldenSparrowToken
Mr Lark Davis ?!
Digital Bank🤣🤣
Why they didn’t pause at every dip ?
Be in the gaming tokens is such less stressful 😂😂😂 what a scam !!!
Centralized shit