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A Memo to the Celsius Community
We are writing with a very important message for our community. Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations. Acting in the interest of our community is our top priority. In service of that commitment and to adhere to our risk management framework, we have activated a clause in our Terms of Use that will allow for this process to take place. Celsius has valuable assets and we are working diligently to meet our ... (full story)
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Celsius transferred about 3,500 WBTC ($89m) to FTX within the last hour and transferred about 50,000 ETH to FTX three hours ago. https://t.co/3pN0nYmbcp
— Wu Blockchain (@WuBlockchain) June 13, 2022
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- yieldjunkie
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- Edited 8:33pm Jun 13, 2022 7:39pm | Edited 8:33pm
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