Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm's Assets – Bitcoin News

Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm's Assets

Celsius Pauses Lending Application’s Operations, Crypto Community Talks About a Possible Insolvency and Liquidations “We are taking this necessary action for the benefit of our entire community in order to stabilize liquidity and operations while we take steps to preserve and protect assets,” the Celsiusnotes. “Furthermore, customers will continue to accrue rewards during the pause in line with our commitment to our customers.”

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Rumors of Celsius bankruptcy abound after company suspends divestment, Nexo offers t...The cryptocurrency community has been discussing cryptocurrency loan applications as rumors of insolvency continue to swirl.

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