Simply acquired an electronic mail from Celsius that withdrawals, swaps, and transfers should not out there right now…
Beneath is a duplicate of the e-mail, verbatim:
“We’re writing with an important message for our group.
On account of excessive market circumstances, at the moment we’re asserting that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We’re taking this motion at the moment to place Celsius in a greater place to honor, over time, its withdrawal obligations.
Appearing within the curiosity of our group is our prime precedence. In service of that dedication and to stick to our threat administration framework, now we have activated a clause in our Phrases of Use that may enable for this course of to happen. Celsius has precious belongings and we’re working diligently to fulfill our obligations.
We’re taking this crucial motion for the good thing about our whole group with a purpose to stabilize liquidity and operations whereas we take steps to protect and defend belongings. Moreover, prospects will proceed to accrue rewards through the pause in keeping with our dedication to our prospects.
We perceive that this information is troublesome, however we imagine that our determination to pause withdrawals, Swap, and transfers between accounts is essentially the most accountable motion we are able to take to guard our group. We’re working with a singular focus: to guard and protect belongings to fulfill our obligations to prospects. Our final goal is stabilizing liquidity and restoring withdrawals, Swap, and transfers between accounts as rapidly as potential. There’s a number of work forward as we take into account numerous choices, this course of will take time, and there could also be delays.
We thank the unimaginable Celsius group on your help at the moment. It’s our pleasure to serve you. Our operations proceed and we’ll proceed to share data with the group because it turns into out there.
Sincerely,
The Celsius crew”
